461 Scenic DR, Riverview, MO 63137
461 Scenic DR, Riverview, MO 63137
461 Scenic DR, Riverview, MO 63137
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$149,900
Est. payment /mo
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3 Beds
1 Bath
1,196 SqFt
Active

461 Scenic DR Riverview, MO 63137

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,196 sqft

Price per Sqft $125

Subdivision Riverview Gardens

MLS Listing ID 26002645

Style Ranch

Bedrooms 3

Full Baths 1

Year Built 1937

Annual Tax Amount $966

Lot Size 0.275 Acres

Acres 0.2755

Property Sub-Type Single Family Residence

Property Description

Turnkey investment opportunity at 461 Scenic Drive in St Louis. This tenant occupied three bedroom one bathroom home offers 1,196 square feet and is currently producing 1,495 dollars per month in rental income, providing approximately an 8 percent cap rate based on current performance.
This property offers peace of mind with no deferred maintenance and numerous major system upgrades already completed. Improvements include a new PVC sewer line, updated 200 amp electrical service, new roof, gutters, vinyl siding, and a new wood deck accessible from one of the bedrooms which adds desirable outdoor living space for tenants.
Interior updates were completed with long term durability and tenant appeal in mind. The kitchen features granite countertops, shaker cabinetry, stainless appliances, recessed lighting, and a large center island that supports modern rental demand. Luxury vinyl plank flooring runs throughout the home providing durability and low maintenance ownership.
The open concept living and dining layout offers functional space that supports long term tenant retention. The elevated deck overlooks a private wooded backdrop which adds additional tenant appeal and lifestyle value.
Additional highlights include covered front entry, off street parking, and strong rental location with convenient access to major highways, shopping, and employment centers.
Tenant is currently in place and paying 1,495 dollars per month. Property provides immediate cash flow and is ideal for investors seeking a stabilized asset with major capital improvements already completed.
In the event of an owner occupant purchase, tenant will vacate prior to closing

Location

State MO

County St. Louis

Area 31 - Riverview Gardens

Rooms

Basement Unfinished, Walk-Out Access

Main Level Bedrooms 3

Interior

Interior Features Eat-in Kitchen, Kitchen/Dining Room Combo, Recessed Lighting

Heating Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Luxury Vinyl

Fireplace N

Appliance Stainless Steel Appliance(s), Cooktop, Gas Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator

Laundry In Basement

Exterior

Exterior Feature Balcony

Parking Features false

Utilities Available Cable Available, Electricity Available, Natural Gas Available

View Y/N No

Private Pool false

Building

Lot Description Front Yard

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Vinyl Siding

Schools

Elementary Schools Glasgow Elem.

Middle Schools R. G. Central Middle

High Schools Riverview Gardens Sr. High

School District Riverview Gardens

Others

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition Standard


Listed by Jordan McCain • Focus Realty Group, LLC

NEARBY SCHOOL & BUSINESS

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Danielle Jordan

Danielle Jordan

Broker/Salesperson

+1(573) 308-5933

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461 Scenic DR