Excellent opportunity to acquire a cash-flowing investment property with a long-term great paying tenant already in place. This 4 bedroom, 2 bathroom single family home offers immediate rental income with favorable lease terms for a new owner. Current rent is below market, providing future upside potential for investors seeking both stability and long-term appreciation.Comparable 4 bedroom rental properties in the area are achieving market rents of $1,800+ per month. Property would benefit from cosmetic updates and improvements to reach top market rental rates, creating an excellent value-add opportunity for investors looking to increase returns over time.Property features a functional layout, attached double-car garage, and strong rental history in an established Florissant neighborhood. Ideal for investors looking to add a performing asset to their portfolio with minimal vacancy risk.Please do not disturb the tenant. Showings will be permitted with an accepted contract only.
Listed By
Agency Name: Provident Property Management LLC
Shown By
Agent Name: Jenni Green Bank and Klaus Bank
Agent Phone: 314.346.1972
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 1,300.32 per month $1,029.70 Principal & Interest $215.50 Property Tax $55.13 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
600 Pimlico Drive | MLS# 26032043
This single family home located at 600 Pimlico Drive , Florissant, MO 63033 is currently listed for sale with an asking price of $189,000. This property was built in 1956 and has 4 bedrooms and 2 full baths with 1344 sq. ft. Pimlico Drive is located in the Paddock Hills 2 subdivision within the Ferguson-Florissant R-II school district. Search Paddock Hills 2 real estate on www.jennigreenrealestate.com today.