5269 Beacon Ave, Saint Louis, MO 63120

5269 Beacon Ave, Saint Louis, MO 63120
St Louis, MO, Best Market – great condition

Great condition! Tenant occupied but the furnace isn’t working.

Officially a 1 BD, 1 BA, 850 SqFt But the basement is used as a 2nd bedroom

Price: now $33,900

Slow Flip Numbers: $850 month, $3000 down, $79,000

Property taxes are only $12.5/month !!

Rent Comps at $970/month (for one bedroom)

Ken Kiel’s Photos and Videos: https://www.icloud.com/photos/#0115-_8AJv4c7mAI4sEw-F1Qw

Seller’s Photos and Videos (for more perspective)  https://www.dropbox.com/scl/fo/j3bvubthar3vsv2neu1r4/AC7rpWjNHAQ0kl9slSpmcm0?rlkey=ovsjx1rkk6fmzsgbj7riaciw6&st=n6ligy0a&dl=0

Details:

Currently tenant occupied. Paying $600/month for 5+ years. Sold tenant.

Tenant may be interested in converting to a tenant buyer.

Updated Electrical and Plumbing

The furnace is likely not working. Tenant is using electric heaters.

Newer electric Hot Water Tank

Roof around 10 years old. No leaks

Owner fixed and patched a leak in the roof years ago. Tenant confirms no leaks.

Foundation is good

The front porch has settled and shows signs of pulling away from the house

Ken Kiel Walkthrough FeedBack:

“Older furnace and I seen 2 electric heaters plugged in so I assume the furnace is not working,

Newer electric hot water heater, Floors are level, Basement foundation seems good, Dry basement. 1 BD, 1 BA. The second bedroom is the basement. Clean and big enough for a bedroom, but not a registered bedroom.”