Pending MLS# 25070206

147 Monteith Circle, Unincorporated, MO 63137

Subdivision: Glasgow Village Unit 12

List Price: $24,900

3

Bedrooms

1

Baths

909

Area (sq.ft)

$27

Cost/sq.ft

1 Story

Type

202

Days on Market
Call Agent

Description

Hurt people, hurt homes. Each of the five homes in this package have been abused, abandoned, and are now waiting for someone with vision to bring them back to life. Are you a visionary investor ready to embrace the challenge and reap the rewards of transforming these neglected properties? Many possibilities exist: 1) Buy, clean them up, and flip them to an end investor willing to perform a full renovation. 2) Buy, perform rental-grade rehabs, and add them to your own portfolio for positive cash flow. 3) Or complete quality rehabs and sell to first-time home buyers eager for affordable, move-in ready homes in a market with limited inventory. All five homes are located within a two-mile radius of each other, making it incredibly efficient to manage crews, materials, and progress. Whether you self-perform work or use subcontractors, you’ll appreciate how much time and money this proximity saves. Imagine your contractors being able to move from one property to the next in minutes—no wasted travel time, no logistical headaches. This cluster investment model is ideal for experienced investors looking to scale operations, establish consistent project flow, and boost ROI through shared labor, materials, and overhead. Newer investors looking to enter the St. Louis market can also benefit from acquiring multiple properties at once, building instant portfolio depth and leverage. Other investor advantages include: 1) Ability to stagger renovations and resales for steady cash flow; 2) Option to refinance or package the properties as a performing rental portfolio; 3) Increased control over neighborhood value through improvements; 4) Streamlined management and maintenance with centralized locations. With a bit of TLC and imagination, you can turn these dilapidated dwellings into happy, habitable homes—ready to serve their purpose once again. Investor bonus: properties in this area have seen an uptick in rental demand as affordable housing options continue to shrink. Rents in comparable neighborhoods are rising steadily, providing an opportunity for strong returns once renovations are complete. With the right strategy, you could rehab and rent several units, then refinance to pull equity and reinvest in your next project—all while maintaining ownership of appreciating assets. Each property offers its own unique potential—some better suited for a medium rehab and fast turnaround, others calling for a deeper renovation that will yield higher long-term value. The diversity within this package allows investors to balance short-term gains with long-term appreciation. Bulk deals like this are rare, especially ones that offer immediate upside with such low acquisition costs. Whether your strategy is buy-and-hold, fix-and-flip, or value-add rental creation, this portfolio delivers multiple exit strategies under one umbrella. If you’ve been looking for an opportunity to expand your footprint, lower per-unit costs, and increase your overall yield, this is it. Consult your chosen professionals, assess the scope of work, and turn this deal into dollars! Sold as is. Seller will not pay for or perform any inspections or repairs. Package deal of 4 SFR homes listed @ $112,140, reflecting a 10% discount off the individually priced listings. MLS #’s: 25070211, 25070208, 25070207, 25070206. Disclaimer: Information provided in the MLS is deemed reliable but not guaranteed. All buyers and their representatives are encouraged to verify all details, including property condition, features, and amenities, to satisfy themselves prior to purchase.

Property Information

List Price $ 24,900
Original Price $ 24,900
Status Pending
MLS# 25070206
Bedrooms 3
Full baths 1
Half baths 0
Main Floor Full Baths 1
Sq. Ft. Above 909
Lot Size
Acres 0
Subdivision Glasgow Village Unit 12
Municipality Unincorporated
School District Riverview Gardens
County St Louis
Property Type Residential
Style 1 Story
Style Description
Transaction Type
Special Conditions Listing As Is,Package
Type
Building Exterior Amenities
Building Style Bungalow,Traditional
Ownership Private
Special Description Listing As Is,Package
Appliances Some None

Additional Information

Elementary School Highland Elem.
Jr. High School R. G. Central Middle
Sr. High School Riverview Gardens Sr. High
Association Fee $0/None
Architecture Bungalow,Traditional
Construction Vinyl Siding
Garage Spaces 0
Carport Spaces 0
Basement Description Full
Fireplace Type None
Fireplace Location
Lot Dimensions 45x125x45x125
Special Areas
Cooling Central Air,Electric
Sewer Public Sewer Sewer
Heating Natural Gas,Forced Air
Water Public
Heat Source
Kitchen
Appliances None
Dining
Interior Decor Dining/Living Room Combo
Property Tax $873

Map Location

Rooms Dimensions

Room Dimensions (sq.rt)
Living Room (Level-Main) N/A
Dining Room (Level-Main) N/A
Kitchen (Level-Main) 12 x 7
Bathroom (Level-Main) N/A
Bedroom (Level-Main) 13 x 10
Bedroom (Level-Main) 11 x 9
Bedroom (Level-Main) 10 x 8

Change History

Listing Courtesy of Elevate Realty, LLC - [email protected]