Investor opportunity! 258 Becker Drive is a 3-bedroom, 2-full-bath ranch-style home and part of a four-house rental portfolio. This property is vacant and in move-in or near move-in-ready condition, offering a straightforward path to lease-up with little to no work needed. With its desirable ranch layout, 3-bed/2-bath configuration, and large… Read More backyard, Becker has projected rent potential of approximately $1,500/month. Seller is acting as Power of Attorney for an inherited four-home portfolio and would prefer to sell this property together with the other three homes. The portfolio includes two occupied homes and two vacant, move-in-ready homes, with expected total portfolio income of approximately $4,900/month. The properties are located in close proximity to one another, creating operational efficiencies and making them easier to manage. This is a light value-add rental opportunity in an area with strong market-rate and Section 8 rental demand. The two vacant homes are in good condition and could likely be rented with little to no work needed, while the two occupied homes are below market rent and offer future upside through light make-readies and rent growth as leases allow. An excellent opportunity for a first-time investor or a seasoned operator looking to add a manageable rental portfolio in the area. Read Less
Listing courtesy of Invest St. Louis, 314-325-6201.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
884
Lot Size
0.24 Acres
Year Built
1960
MLS Number
26036458
Additional Details
Basement
Basement: "Full", Basement
Building
Above Grade Finished Area: 884 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: "Ranch", Below Grade Finished Area: 0 Sq.Ft., Construction Materials: "Vinyl Siding", Levels: "One", Living Area: 884 Sq. Ft., 5 total rooms, Year Built: 1960
Cooling
Cooling: "Central Air"
Disclosures
Disclosures: "Lead Paint"
Heating
Heating: "Forced Air"
Lot
Features: "Back Yard", Lot Size Acres: 0.24, Lot Size Square Feet: 10454.4 Sq.Ft.
Property
Property Sub Type: Single Family Residence
Sewer
"Public Sewer"
Taxes
Annual Tax Amount: 1187, Tax Year: 2025
Utilities
Electricity Available: "Ameren", Utilities: "Electricity Connected", "Natural Gas Connected", "Sewer Connected", "Water Connected", Water Source: "Public"
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