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Buy&Hold (Section 8 Rental): 4868 LEE AVE, ST. LOUIS, MO 63115 + AVAILABLE

Single Family Investment Opportunity





Price

$65,000


Exclusive Off-Market Investment Opportunity: 4868 Lee Ave, St. Louis, MO 63115


Overview: Introducing a prime investment opportunity in St. Louis, MO – a property that combines stability, attractive returns, and a solid tenant foundation. Located at 4868 Lee Ave, this off-market listing is poised to be an invaluable addition to your investment portfolio.


Property Details:

  • Address: 4868 Lee Ave, St. Louis, MO 63115

  • Asking Price: $65,000

  • Tenant: Long-term Section 8, contributing to consistent and reliable rental income.

  • Monthly Rent: $875, with the lease up for renewal on 4/1/24.

  • Configuration: 2 Bedrooms / 1 Bathroom

  • Size: 892 square feet


Investment Highlights:

  • Stable Income: The property is currently occupied by a long-term Section 8 tenant, ensuring a steady income stream of $875 per month. The upcoming lease renewal in April 2024 presents an opportunity for continued stability and potential rent adjustment.

  • Turnkey Investment: With a tenant already in place, this property offers an immediate return on investment, minimizing the usual delays and expenses associated with new tenant placement.

  • Desirable Features: This 892-square-foot home is efficiently laid out with two bedrooms and one bathroom, catering to a wide range of tenants and ensuring ongoing demand.

  • Location Advantage: Situated in a strategic location within St. Louis, the property benefits from close proximity to local amenities, schools, and public transportation, enhancing its appeal to tenants and ensuring long-term occupancy.


Offer Submission: For those interested in capitalizing on this off-market opportunity, we invite you to submit your offers directly to investments@promiselandrealtyllc.com. This property represents a rare chance to secure a high-yield investment in a sought-after location, complete with a reliable, government-backed income source.


Act Now: Don't miss out on the chance to expand your investment portfolio with this exceptional property. Its combination of a stable tenant, attractive rental income, and strategic location makes it a compelling option for any investor looking to enhance their portfolio with a proven income-generator.

For further inquiries or to express interest, please reach out via the provided email. We look forward to facilitating a smooth and successful transaction for this outstanding investment opportunity.


Contact Information:

Embrace the opportunity to own a part of St. Louis with this strategic investment, promising both stability and growth.


Property Comps:



"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT PROPERTIES, NATIONWIDE"





 PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top

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