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461 Scenic Drive

Riverview MO 63137

3
1
1196 sq. ft.
12000.78 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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

Features

3 bedrooms
1 bathroom
1196 sq. ft. floor area
12000.78 sq. ft. lot size
Single-Family

Happy sellers in Riverview

100%
100% of sellers in Riverview reported that their sale price either exceeded or met their price expectations.

Riverview stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Riverview over the last 12 months.

Local market activity for 3 bedroom single-family properties in Riverview

In the last 12 months, 239 three-bedroom single-family properties similar to 461 Scenic Drive, have been sold.

This represents a 6% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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