1386 Fairmeadows Lane, St Louis, MO 63138

$109,000 Asking Price

3 beds
1 bath
1,512  sqft
Built in 1959

Investment Opportunity: Charming ranch-style home on a level lot, currently occupied by a long-term tenant paying $1,050/month—well below market rent (other 3 bed homes in this area can get $1300/month.) This well-maintained property features an updated HVAC system, spacious room sizes, and a fully finished lower level with additional sleeping areas. The updated kitchen and bathroom, along with hardwood flooring throughout, add to its appeal. Enjoy the private fenced backyard with a paver patio, deck, and shed. An extra-wide driveway and oversized garage complete the package. This property offers immediate cash flow with room for rental income growth. Don’t miss out on this promising investment!


Features & Amenities

Interior

General:
Some Wood Floors
Master Bedroom:
Main Floor Primary
Master Bath:
Full Bath
Kitchen:
Custom Cabinetry,Eat-In Kitchen
Dining:
Kitchen/Dining Combo
Basement:
Full
A/C:
Electric
Heating:
true, Forced Air
Fireplace:
Woodburning Fireplce, Fireplace, Fireplaces: 1

Exterior

General:
Shed(s)
Style:
Traditional
Parking:
Attached Garage, Oversized, Parking spaces: 0

Construction

General:
One

Location

Originating MLS:
maris
School District:
Hazelwood
County:
St Louis

Lot

Zoning:
08E-31-0654

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
maris
Ownership:
Private

This listing courtesy of:
American Realty Group

About Saint Louis, MO

Housing

Number of Units
443,445
Median Home Value
$231,178
Median Rent
$791

43.82% of housing units are renter occupied.

12.07% are vacant.

Commute

Car
66.93%
Public Transportation
3.45%
Walk to Work
2.14%
Work from Home
26.34%
Other
0.71%

The median travel time to work is 19 minutes.

People

Population
893,179
Median Age
39.50
Median Household Size
2.40

Education

High School
22.64%
Associate’s Degree
7.10%
Bachelor’s Degree
22.93%
Graduate Degree
19.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: