TURNKEY SECTION 8 INVESTMENT | 12+ YEAR STABILIZED RESIDENT

Turnkey single-family cash-flow asset located in McNamee Heights (University City, 63130). Delivering immediate, stabilized returns with a reliable Section 8 resident of 12+ years and extensive recent mechanical updates.

INVESTMENT HIGHLIGHTS:
Monthly Rent: $1,400/month ($1,164 Housing Assistance / $236 Tenant portion)
Gross Annual Income: $16,800 (12.1% Gross Yield at $139k purchase)
Tenant Pays: Electric, Gas, Water, and complete Yard Maintenance
Owner Pays: Sewer and Trash only

CAPEX & MECHANICAL UPDATES:
Capital improvements already completed (with permits):
HVAC: Brand new central furnace & A/C system (Installed June 2025)
Plumbing: Modernized PVC main stack
Electrical: Updated breaker panel
Roof & Gutters: Architectural shingle roof (Installed October 2017)
Water Heater: Modern, updated unit

FUTURE VALUE-ADD / CONVERSION POTENTIAL:
Another property on the block, with the identical 864 sq ft footprint converted into a 3-bedroom layout. This provides future owners the option to add a 3rd bedroom within existing square footage upon turnover, unlocking higher HUD Fair Market Rent tiers and proven equity upside.
Basement is Partially-finished, Egress windows can be added to increase official Bedrooms / Sqft

Property being sold as-is, tenant-occupied. Please do not disturb the tenant. Showings and interior access granted upon an accepted contract. Leases, ledgers, and documentation available upon request.