1277 Admiral DR, St Louis, MO 63137
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Scott Schardan

Scott Schardan

+1(217) 473-0893
$ 94,900
Est. payment /mo
Save
New

1277 Admiral DR St Louis, MO 63137

2 Beds

1 Bath

946 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 946 sqft

Price per Sqft $100

Subdivision Bissell Hills 8

MLS Listing ID 26036113

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1954

Annual Tax Amount $1,974

Lot Size 0.261 Acres

Acres 0.2608

Property Sub-Type Single Family Residence

Property Description

Investor opportunity! 1277 Admiral Drive is a single-family rental home currently leased for $1,100/month through 11/30/2026. The tenant has been in place for approximately five years and has a consistent on-time payment history. The home offers steady in-place income with potential upside over time. If the tenant were to move out, the property could benefit from light cosmetic updates, creating an opportunity to increase rents closer to market.

Seller is acting as Power of Attorney for an inherited four-home portfolio and would prefer to sell this property together with the other three homes. The portfolio includes two occupied homes and two vacant, move-in-ready homes, with expected total portfolio income of approximately $4,900/month. The properties are located in close proximity to one another, creating operational efficiencies and making them easier to manage.

This is a light value-add rental opportunity in an area with strong market-rate and Section 8 rental demand. The two vacant homes are in good condition and could likely be rented with little to no work needed, while the two occupied homes are below market rent and offer future upside through light make-readies and rent growth as leases allow. An excellent opportunity for a first-time investor or a seasoned operator looking to add a manageable rental portfolio in the area. Property to be sold along with:
258 Becker Dr - MLS# 26036458
8838 Park Ln - MLS# 26036203
2823 Meadowlark Ave - MLS# 26036063

Location

State MO

County St. Louis

Area 31 - Riverview Gardens

Rooms

Basement Full

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Parking Features true

View Y/N No

Building

Lot Description Back Yard

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Gibson Elem.

Middle Schools R. G. Central Middle

High Schools Riverview Gardens Sr. High

School District Riverview Gardens

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Standard

Listed by Joey Schenck • Invest St. Louis

NEARBY SCHOOLS & PROPERTIES

Scott Schardan

Scott Schardan

Broker | License ID: 475.209411

+1(217) 473-0893

GET MORE INFORMATION

Full Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Scott Schardan, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1277 Admiral DR

QUICK GENERAL SEARCH