$60,000

This brick bungalow will be a rock-solid performer in your portfolio! It features 825 sf of living space with one bed, one bath, living room, dining room, eat-in kitchen, and fresh LVP flooring. In the basement you’ll find lots of storage space, laundry hookups, PVC stack, updated electric panel, electric water heater, and gas furnace. Parking is plentiful with a detached 1-car garage, driveway, and on-street parking. The entire yard drain was replaced in 2026. Close to Glen Echo Country Club, UMSL, shopping, and restaurants. Tenant occupied, so no showings without an accepted offer (contingent on viewing, of course); current lease is through 11/30/26, with 100% rent assistance by Queen of Peace. Do not walk the property or disturb the tenant, please. Tenant is up to date and pays $900 per month = $10,800 gross annual income. Taxes, insurance, sewer, and maintenance clock in at $3,278, resulting in an NOI of $7,522 – a 12.53% cap rate at asking price. 10169 Imperial (MLS ID: 26060202) and 8347 Octavia (MLS ID: 26060301) if desired.