9523 Theodosia Avenue, St Louis, MN 63114

Investors, welcome to this tenant-occupied single family home with two bedrooms, tons of closet space, central air, large yard, a detached 2-car garage!  Flooring in living room, kitchen, and utility room is LPV; bedrooms are carpeted, and bath is tiled. Architectural shingle roof, newer HVAC, electric water heater, and updated electric panel. Tenant pays $1000/month and current lease is up for renewal at end of April. Rentometer indicates $1171 as the average rent, and $1237 as the average rent among the top 25%.  With current rent less annual operating expenses at $5425, the NOI is $6575 – a 6.575% cap rate at asking price.  Ask your realtor for the financials and rentometer reports available in the supplements.