$55,000
$59,900
8.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
825 SqFt
SOLD DATE : 08/07/2025
Key Details
Sold Price $55,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 825 sqft
Price per Sqft $66
Subdivision Queen Place
MLS Listing ID 25048328
Sold Date 08/07/25
Bedrooms 2
Full Baths 1
Year Built 1930
Acres 0.08
Lot Dimensions 30X114
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
Rooms
Basement Storage Space, Unfinished
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Central Air
Fireplace N
Exterior
Parking Features true
Garage Spaces 1.0
Private Pool false
Building
Lot Description Corner Lot, Front Yard
Story 1
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
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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Bought with Pamela Viehmann