Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Above Grade Finished Area

    1006.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Forced Air

  • Main Level Bedrooms

    3

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Features

    Back Yard

  • Lot Size(acres)

    0.1412

  • Lot Size(square feet)

    6,150

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Ranch

Price

  • Sales Price

    $119,900

  • Tax Amount

    $354

  • Financing Options

    Cash, Conventional, FHA, VA Loan

  • Sq. Footage

    1,006

  • Price/SqFt

    $119

HOA

  • Association

    No

School District

  • Elementary School

    Johnson Wabash Elem.

  • Middle School

    Ferguson Middle

  • High School

    Mccluer High

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St. Louis

Elementary School

Johnson Wabash Elem.

Middle School

Ferguson Middle

High School

Mccluer High

Listing Courtesy of Lori Hays, Fathom Realty-St. Louis

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Welcome to 309 Newell Drive—a move-in-ready brick home offering 3 bedrooms, 2 full bathrooms and an attached one-car garage. The refreshed interior features neutral paint, updated lighting and durable luxury vinyl plank flooring throughout. Rounded archways add character while connecting the bright living and dining spaces. Perfect for an owner occupant or an addition to a rental portfolio with potential rent up to $1500 per month (see Rentometer report in attached documents) 

The updated kitchen includes white cabinetry, granite countertops, stainless steel appliances and a double basin sink. The renovated full bathrooms features modern vanities and a marble-look tile tub surround on the main floor. Three bedrooms provide comfortable living space with flexibility for a home office or guest room.

A full unfinished basement offers abundant storage, laundry space and potential for a recreation room, workshop or future finished living area. A full bathroom is already there, the rest is waiting for your finishes! Outside, the classic red-brick exterior, mature trees and shaded front yard add welcoming curb appeal. Schedule your showing and explore everything this updated St. Louis home has to offer! Seller to install new AC condenser prior to close.

309 Newell Drive

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Related Properties

New on site 2 days ago
Rented at $1920/month, this home is part of a 14-home rental portfolio in North St. Louis County with an average rent of about $1,695 per home. The package gives an investor the chance to add immediate scale with a well-established tenant base. Offered at $1,500,000, or $107,143 per home, the portfolio generates an estimate of $23,728 in monthly rent and approximately $284,736 annually. Based on the current pro forma, estimated annual net rental income is $168,542, resulting in an estimated 11.24% cap rate at the asking price.

Thirteen of the 14 homes are currently leased. Eleven of the homes have Section 8 leases, with the other two rented at market rates. The tenant history is especially strong, with an average tenure of just under 6 years and two tenants who have lived in their homes for more than 10 years.

The seller has also taken some of the guesswork out of evaluating the portfolio. Professional pre-listing inspections were completed on all of the homes, giving buyers detailed information about the condition of the properties before making an offer. Some of the homes have older roofs and mechanical systems, and the asking price reflects that future capital expense. Virtual 360 tours are available on thirteen of the homes. The portfolio is being sold as-is, with no seller repairs or credits. Seller financing is not available.

For an investor looking to grow an existing St. Louis rental operation, this is an opportunity to acquire 14 homes at once with nearly full occupancy, long-term tenants, substantial Section 8 income and a great return from day one without having to assemble the portfolio one property at a time.

**Please see the documents section for a brochure with complete details on the package.**
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Welcome to this charming 2 bedroom, 1 bath bungalow nestled in the established Beardsdale neighborhood of Ferguson! Offering approximately 1,020 square feet of living space, this home features hardwood flooring, a comfortable living area, and a convenient laundry/utility room with washer and dryer hookups. The home has seen several improvements, and both the HVAC system and water heater are approximately five years old. Step outside and enjoy the privacy of a fenced backyard with plenty of room for relaxing, entertaining, gardening, or pets, along with a 12' x 12' storage shed for added convenience. Off street parking adds to the home's practicality. Situated on a residential court with neighborhood charm and convenient access to shopping, dining, schools, and everyday amenities. Whether you're looking for a place to call home, considering downsizing, or searching for your next investment opportunity, this property offers flexibility and potential. 
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