Labadie Ave.
St. Louis, MO 63115

2460 sq. ft., 4 bedroom / 2 bathroom
Duplex

Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115
Labadie Ave.</br> St. Louis, MO 63115

Property Information

Current Status Occupied
Lease Start Date 05/01/2025
Lease End Date 05/31/2026
Utilities Lawn/Water/Sewer paid by Owner
Initial Investment* $37,450

*Includes down payment plus $3,000 of closing costs

Purchase Price $130,000

Current Rent $1,545
Cap Rate 10%
Cash on Cash Return* 31%
Net Cash Flow Per Month* $383

*Assuming 25% down with a loan at 2PTS + 7% interest for 30 years. Including equity build up and 3% appreciation per year.

About This Property

Brick duplex with large, 2bd/1ba units. 2F unit had significant renovation. This property has spacious rooms with a great floor plan. It is located in a quiet block, with fenced yard and close to major transportation.

Renovations and Key Features include:
– Fresh paint in 2F
– New carpeting in 2F
– Updates in kitchen and bath
– Building has central AC
– Newer furnaces
– Updated electrical panels
– Recent tuckpointing

Financing Options

MartelTurnkey has partnered with some of the top lenders that provide a wide range of financial solutions to meet your Rental investing needs. Talk to an Advisor to learn more or visit our partner to get pre-approved.

Property Management Company

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Investment Terms

Purchase and Sale Agreement (PSA): A PSA will be delivered electronically once an agreement has been made and must be executed by Buyer within 24 hours of receipt.
Earnest Money Deposit (EMD) of $1,000 must be wired to the Title Company within 3 days of PSA signing.
Appraisal Contingency is available for financed properties, and will be waived automatically if the property appraises for the sale price. If it does not appraise for the sale price, then the Buyer and Seller will have the opportunity to come to terms or the Buyer can cancel the contract.
Closing Date: The Closing Date will occur within 15 days of PSA execution for cash transactions and 45 days of PSA execution for financing unless otherwise agreed by Buyer and Seller.
Lease Agreement: The current lease agreement will be provided to Buyer at Closing.
Closing Costs: Closing costs shall be paid based on local custom, and will include discounts negotiated by Martel TurnKey to lower transaction costs for Buyers and Sellers. Actual closing costs will be outlined on the final settlement statement.

Buying Process

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