919 Bates St, Saint Louis, MO 63111

Check out his well-maintained 3 bed, 2 bath home in Carondolet. The home underwent major renovations in 20222023, including a new furnace, central air conditioning, dehumidifier, roof repairs, some new flooring, along with some kitchen and bathrooms updates. There is a PVC stack along with an updated electrical panel, so many of the big expenses have already been completed. The property passed a Section 8 rental inspection in 2023 and was successfully rented to a long-term tenant at $1,400 per month for two consecutive years, demonstrating strong rental viability and a possible 15% cap rate. The home is situated on a double lot, and has main floor laundry. The bricks and tuck pointing appear to be in solid shape. New front door was just installed. Water and electric are currently on. We are working with Spire to get the gas turned on. This is an as is sale.