We have a new OFF MARKET property under contract ready for your review:
9860-9862 Scottdale Dr 63136 1521 Sq ft.-
Asking Price: $ 120,000.00 | Estimated ARV: $135,369
4 Beds | 2 Baths | 1521 SQ Ft.
Click Image Below to view more Pictures
Description:
TURNKEY DUPLEX FOR SALE!
This fantastic duplex is a must-see for investors looking for a hassle-free addition to their portfolio. The property consists of two units:
Unit 9862 features a long-term Sec 8 Tenant who has been in place for nearly a decade and is committed until the end of the year, with a desire to continue.
Unit 9860 has a new Section 8 tenant
With both units already occupied, this duplex offers immediate income generation without any additional work needed. Simply start collecting rent from day one!
Key Features:
Long-term tenant in 9862 for $800/mo ($603 sec 8/ $97 Tenant Portion)
New Section 8 tenant in 9860 for $700/mo (100% sec 8)
Total rent: $1500/month
Hassle-free addition to your rental portfolio
DSCR eligible around 1.3%
Don’t miss out on this turnkey rental opportunity!
Sec 8 rented $1500/mo
Address: 9860-9862 Scottdale Dr
City: Saint Louis
State: MO
ZIP: 63136
Square Feet: 1521
Bedrooms: 4
Bathrooms: 2
Basement: Full Basement
Additional Features:
County: Saint Louis School District: Riverview Gardens School District
Occupancy Information:
- Occupancy Status: Rented (Please do not disturb Tenants)
- Rented For: 1500 – sec 8
- Zillow Rents: 992
- Section 8 Status: Yes
Thank you for your interest in viewing our property. To ensure minimal disturbance to our tenants, we are currently only showing the property to qualified buyers with whom we have a contract.
Qualified buyers meet the following criteria:
- Are you the Buyer or the Buyer’s Real Estate Agent?
- Have you reviewed the property’s financials and are you prepared to offer around $120,000 if the property meets your expectations?
- Do you have a qualified proof of funds or an approval letter?
- Preference will be given to those that already own properties in the area or those that can close fast with only an 3 to 5 day inspection period.
If you meet these qualifications, please contact us to schedule a viewing appointment. We appreciate your understanding and cooperation.
EST. Value Information
Estimated ARV: $135,369 Comparables Per MLS
$130,000 – 2752 Darla Ct, St Louis 63136 (Sold 1/29/2024 )
$138,000 – 2606 Eltarose Dr, St Louis, Missouri 63136 (Sold 12/15/2023)
$125,000 – 8627 Tara Lane, St. Louis, MO 63147 (Sold 2/9/2024)
*Comparable property data is pulled form MLS
- The roof was put on in 2017
- Electric was permitted in 2016
- Water heater installed 2017.
- Plumbing updated 2017
- Not sure how old the HVAC is.
Estimated Repair Cost: 0
**Disclaimer: For any properties that we are assigning, ZMC Investments LLC and/or its partners are providing you access to this investment opportunity. The property featured is currently under contract with the owner of record, therefore, giving ZMC Investments LLC an equitable interest in the property. ZMC Investments LLC may assign its contractual rights. ZMC Investments LLC is not selling the property nor acting as the agent of the seller. PLEASE NOTE THAT THIS IS BEING SENT TO YOU FOR MARKETING PURPOSES ONLY. Any agreement to the terms of this offering will be evidenced by a contract assignment. The above price includes an already agreed upon purchase price plus a fee to assign equitable interest. All buyers shall be responsible for doing there own due diligence before presenting an offer to purchase. All properties are sold on an AS-IS basis. Seller is not aware of any problems otherwise listed in the email above. All contracts submitted shall not be contingent upon financing with a closing period of 21 days or less.
*** Wholesalers: Please, DO NOT MARKET THESE DEALS WITHOUT MY CONSENT.
- If you believe you have a specific buyer for a specific property, contact Me first.
- NEVER post these anywhere else publicly.
- No “daisy-chain” activities.
- Sold strictly as is.
- More information and additional photos will be made available to serious buyers.