$ 129,000
-
$129,000
Price -
2
Bed -
1
Bath -
864
SqFt
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About the Listing EXRT01 - AMCCURDY
TURNKEY SECTION 8 INVESTMENT | 12+ YEAR STABILIZED RESIDENT Turnkey single-family cash-flow asset located in McNamee Heights (University City, 63130). Delivering immediate, stabilized returns with a reliable Section 8 resident of 12+ years and extensive recent mechanical updates. INVESTMENT HIGHLIGHTS: Monthly Rent: $1,400/month ($1,164 Housing Assistance / $236 Tenant portion) Gross Annual Income: $16,800 (12.1% Gross Yield at $139k purchase) Tenant Pays: Electric, Gas, Water, and complete Yard Maintenance Owner Pays: Sewer and Trash only CAPEX & MECHANICAL UPDATES: Capital improvements already completed (with permits): HVAC: Brand new central furnace & A/C system (Installed June 2025) Plumbing: Modernized PVC main stack Electrical: Updated breaker panel Roof & Gutters: Architectural shingle roof (Installed October 2017) Water Heater: Modern, updated unit FUTURE VALUE-ADD / CONVERSION POTENTIAL: Another property on the block, with the identical 864 sq ft footprint converted into a 3-bedroom layout. This provides future owners the option to add a 3rd bedroom within existing square footage upon turnover, unlocking higher HUD Fair Market Rent tiers and proven equity upside. Basement is Partially-finished, Egress windows can be added to increase official Bedrooms / Sqft Property being sold as-is, tenant-occupied. Please do not disturb the tenant. Showings and interior access granted upon an accepted contract. Leases, ledgers, and documentation available upon request.
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: Stainless Steel Appliance(s), Freezer, Free-Standing Gas Oven, Free-Standing Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Carpet,Hardwood,Linoleum,Varies,Wood
- Above Ground Sq Ft: 864
- Below Ground Sq Ft: 250
- Basement: 8 ft + Pour,Concrete,Daylight,Exterior Entry,Partially Finished,Full,Interior Entry,Storage Space
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,Landscaped,Rectangular Lot
- Garage Capacity: N/A
- Roof: Architectural Shingle
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Asphalt,Driveway,On Street
Financial Details
- Tax Amount: $1,367
- Taxes w/Assessments: N/A
- Tax/Property ID: 17J-52-0901
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
7028 Julian Ave University City, MO 63130
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