Investor-ready opportunity in Bel-Ridge! This charming bungalow is a strong addition to any rental portfolio, offering immediate cash flow with a long-term tenant in place since 2020 and a lease secured through December 2026.The home features a partially finished walkout basement complete with a full bath-presenting a clear value-add opportunity to convert the space into an additional bedroom with minimal investment, boosting both rental income and overall property value.Located just minutes from University of Missouri-St. Louis, this property sits in a consistently high-demand rental corridor with convenient access to shopping, dining, and major commuter routes.Whether you're looking for a low-cost entry point or a reliable cash-flowing asset, this is a smart investment in the St. Louis market. Don't miss your chance to secure this income-producing property!
Listed By
Agency Name: ARS Sales, LLC
Shown By
Agent Name: Carole & Brian Fitzgerald
Agent Phone: (314) 941-7014
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 543.82 per month $408.61 Principal & Interest $113.33 Property Tax $21.88 Homeowner's Insurance
3105 Thelma Avenue | MLS# 26021416
This single family home located at 3105 Thelma Avenue, Bel Ridge, MO 63121 is currently listed for sale with an asking price of $75,000. This property was built in 1936 and has 1 bedrooms and 2 full baths with 832 sq. ft. Thelma Avenue is located in the Welsberg Terrace subdivision within the Normandy school district. Search Welsberg Terrace real estate on www.fitzgeraldrealtyteam.com today.