Looking for reliable Sec 8 income? This rare duplex in Ferguson is part of a package that also includes two single family homes for a total of three properties / four units. Three units are leased with Sec 8 tenants and the upper level of the duplex is vacant. Average rents are $1070/month. The package price is $221,500 which is an average of $55,375 per door. Estimated Pro Forma Cap Rate is 11.91%. The properties do have some deferred maintenance and have been priced accordingly. You can expect older systems and older roofs. Access to the properties will be provided with an accepted contract. To minimize tenant disruption, the buyer will have one-time access to the properties. Please see supplements for a brochure with details on all of the properties. The properties are being sold as is, with the seller to do no inspections or repairs. If you're a cash buyer, this could make a great starter investment package or easy addition to an existing portfolio.
Room Features
Misc DescriptionBasement
Lot & Building Features
AppliancesSome Range Oven(s)
CoolingElectric, Wall/Window Unit(s)
Heat SourceGas
HeatingBaseboard, Forced Air
Parking DescriptionOff Street
SewerPublic Sewer
Tax Year2024
WaterPublic
Lot Dimensions50x130 ft
Community and Schools
Elementary SchoolAirport Elem.
Junior High SchoolBerkeley Middle
Senior High SchoolMccluer South-Berkeley High
Price History of 817 Abston Avenue, St Louis, MO
Date
Name
Price
Difference
01/29/2025
Listing Price
$106,070
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Listed by Terreri Team Realty LLC, Malinda Terreri
$
20%
1.2934854341473%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
817 Abston Avenue (MLS #25004670) is a multi-family listing located in St Louis, MO.
This multi-family listing is on a lot of 7,802 sqft (or 0.18 acres) and is 73 years old. This property was listed on 01/29/2025 and has been priced for sale at $106,070.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Terreri Team Realty LLC
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange