Rare opportunity to acquire portfolio of 12 single-family homes providing an excellent blend of stability, income, and future upside potential. Each home features a minimum of 3 bedrooms and 1 bathroom, with one home 5 bedrooms and 2 bathrooms. 11 of the 12 homes are currently leased to qualified tenants, ensuring immediate and consistent rental income from day one. The current owners have invested approximately $180k into capital improvements and updates since 2022. A savvy investor could continue leasing these homes for years, capitalizing on steady income, and then sell individual properties to owner-occupants at a premium for top dollar. Significant upside exists by increasing rents to the market value, potentially boosting gross monthly income to over $10,000. This presents a compelling value-add opportunity for investors looking to optimize returns. Seller will be reviewing offers October 8th at 12:00pm. Please include a response time of October 9th at 12:00pm. Duplicate 24062247
6947 Midwood Avenue (MLS #24062040) is a 1 story single family home located in Hazelwood, MO.
This single family home is 11,319 sqft and on a lot of 94,612 sqft (or 2.17 acres) with 38 bedrooms, 13 baths and is 70 years old. This property was listed on 10/02/2024 and has been priced for sale at $1,195,000.
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