2008 Eldredge AVE

Jennings,MO 63136

$ 59900

2 Beds

1 Bath

825 SqFt


Key Details

Property Type Single Family Home, Vacant Land

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 825 sqft

Price per Sqft $72

Subdivision Queen Place

MLS Listing ID 25048328

Bedrooms 2

Full Baths 1

Year Built 1930

Property Sub-Type Single Family Residence

Property Description

Welcome to 2008 Eldredge, a cash flowing rental in Jennings! Renovated in 2020 with new roof, A/C, kitchen, and bath. This 2-bed, 1-bath home features hardwood floors, a full unfinished basement, and detached garage. Long-term tenant has been in place since the 2020 renovation, paying $800/month and covering all utilities except sewer. Market rent is estimated at $1,000/month, offering upside on cash flow. At a $59,900 price point, this property projects a cap rate over 13%. Low-maintenance, high-yield—an ideal addition to any rental portfolio.

Location

State MO

County St. Louis

Area 16 - Jennings

Interior

Heating Forced Air

Cooling Ceiling Fan(s),Central Air

Exterior

Parking Features true

Garage Spaces 1.0

Building

Lot Description Corner Lot,Front Yard

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Fairview Elem.

Middle Schools Jennings Jr. High

High Schools Jennings High

School District Jennings

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Listing As Is

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