1221 Scott Avenue, Saint Louis, MO 63138 - Saint Louis County

Back on the market because buyer did not close. Opportunity knocks for owner occupants and investors alike! This turnkey ranch home offers 864 sf of living space with 3 bedrooms, 1 bathroom, living room, kitchen/dining room combo with dishwasher & disposal, full basement, and off-street parking. Seller has a passing occupancy permit in hand, so it's ready to move in right after closing. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. Investors, Rentometer indicates average rent would be $1332. When rented, annual expenses were 3630 not including management; with pro forma rent at 1332, the NOI is 12,354, making it a 13% cap rate at asking price.

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