Malinda Terreri

Looking for reliable Sec 8 income? This is a portfolio of two single-family homes and one duplex for a total of four units.​ The portfolio is located in the north county area of St.​ Louis, MO.​ Three units are leased with Sec 8 tenants and one side of the duplex is vacant.​ Average rents are $1070/month.​ The package price is $221,500 which is an average of $55,375 per door.​ Estimated Pro Forma Cap Rate is 11.91%.​ The properties do have some deferred maintenance and have been priced accordingly.​ You can expect older systems and older roofs.​ Access to the properties will be provided with an accepted contract.​ To minimize tenant disruption, the buyer will have one-time access to the properties.​ For details on the package, please visit TerreriTeam.​com The properties are being sold as is, with the seller to do no inspections or repairs.​ This could make a great starter investment package or easy addition to an existing portfolio.​ Seller financing is not available.​ Seller prefers a cash buyer.​ No DSCR loans and seller financing is not available.​ For questions, please contact: Malinda Terreri Broker | Owner Over 1100 Properties Sold Terreri Team Realty LLC TerreriTeam.​com (314) 488-0494

Benjamin Nichols

Malinda Terreri

About Malinda Terreri

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Recent property sales & transaction history

1 properties

St Louis

Family Home

$100,000

2,000 ft²

Properties for sale by listing agent Malinda Terreri

$100,000

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Malinda Terreri

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