Mary Massey
REALTOR®
BEDS3
BATHS1 full
SQUARE FEET854
MLS#26008334
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONGlasgow Village Unit 7
SCHOOLRiverview Gardens
Property Description
Tenant-occupied investment opportunity in unincorporated North St. Louis County. This 3-bedroom, 1-bath single-family home offers immediate rental income with built-in flexibility for future repositioning, making it an attractive option for buy-and-hold or DSCR-financed investors.The property is currently tenant-occupied on a month-to-month lease, allowing a new owner to maintain cash flow, adjust rents to market, renew on longer terms, or reposition the asset based on investment strategy. Documented rental history supports stable performance and positions the property as a strong candidate for DSCR (Debt Service Coverage Ratio) financing, qualifying based on property cash flow rather than personal income.Seller is offering a 6% seller-paid closing cost credit with an acceptable full-price offer, providing buyers flexibility to offset acquisition costs, strengthen DSCR ratios, or allocate funds toward reserves and future maintenance.The home features a functional layout with solid rental appeal in an established neighborhood with convenient access to major highways, employment centers, shopping, and schools-key drivers of long-term tenant demand.The property is being sold AS-IS. Seller will make no repairs and will not provide inspections.DO NOT DISTURB TENANT. Showings subject to accepted contract and proper notice. Please respect tenant privacy.This is a clean, investor-focused transaction with transparent terms and strong income fundamentals.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air
Home Style: Ranch
Lot Size: 0.21 Acres
Taxes: $1,102
Year Built: 1953
Feature Descriptions
Days on Site: 31
Exterior: Vinyl Siding
Lot: Level
Parcel#: 11E-64-1482
Sewer: Public Sewer
SQFT. Above Grade: 854
Water: Public
Local Schools
High School: Riverview Gardens Sr. High
Middle School: R. G. Central Middle
Elementary School: Danforth Elem.
School District: Riverview Gardens
Listed By / Shown By
Listed By
Agency Name: Expert Realty LLC
Shown By
Agent Name: Mary Massey
Agent Phone: (314) 566-3982
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 665.24 per month $544.27 Principal & Interest $91.83 Property Tax $29.14 Homeowner's InsuranceChange Payment Information
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400 Macdougall Drive | MLS# 26008334
This single family home located at 400 Macdougall Drive, Unincorporated, MO 63137 is currently listed for sale with an asking price of $99,900. This property was built in 1953 and has 3 bedrooms and 1 full baths with 854 sq. ft. Macdougall Drive is located in the Glasgow Village Unit 7 subdivision within the Riverview Gardens school district. Search Glasgow Village Unit 7 real estate on www.marymasseystl.com today.