216 Drewel Court

Eureka, MO 63025

About this property

Investor Opportunity - Turn-Key Rental in Rockwood School District Excellent opportunity to add a stable, income-producing asset to your investment portfolio. This well-maintained 3-bedroom, 1-bath home is being sold with an existing tenant and lease in place through December 7, 2027, providing immediate, predictable rental income with minimal transition risk. Located in the highly desirable Rockwood School District, the property sits in a walkable, established neighborhood convenient to schools, parks, trails, shopping, dining, and the new ball fields. Additional features include a spacious two-car carport, large covered patio, and a level, fenced backyard. A brand-new roof will be installed this month, providing a significant capital improvement and reducing maintenance costs for the next owner. This property is ideal for investors seeking a low-maintenance, turnkey rental in a high-demand area - an attractive value compared to recent neighborhood sales while offering the security of an established tenancy. Please respect the tenant's privacy. Showings will be scheduled by appointment only after the listing agent receives either proof of funds or a lender pre-approval for an investment loan. The listing agent will personally accompany all showings, and no lockbox will be installed. Current lease is provided and the property's financial history is available to qualified buyers upon request.

About this property

Investor Opportunity - Turn-Key Rental in Rockwood School District Excellent opportunity to add a stable, income-producing asset to your investment portfolio. This well-maintained 3-bedroom, 1-bath home is being sold with an existing tenant and lease in place through December 7, 2027, providing immediate, predictable rental income with minimal transition risk. Located in the highly desirable Rockwood School District, the property sits in a walkable, established neighborhood convenient to schools, parks, trails, shopping, dining, and the new ball fields. Additional features include a spacious two-car carport, large covered patio, and a level, fenced backyard. A brand-new roof will be installed this month, providing a significant capital improvement and reducing maintenance costs for the next owner. This property is ideal for investors seeking a low-maintenance, turnkey rental in a high-demand area - an attractive value compared to recent neighborhood sales while offering the security of an established tenancy. Please respect the tenant's privacy. Showings will be scheduled by appointment only after the listing agent receives either proof of funds or a lender pre-approval for an investment loan. The listing agent will personally accompany all showings, and no lockbox will be installed. Current lease is provided and the property's financial history is available to qualified buyers upon request.

Features and Additional Information

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$217,500 Pending
3 Bed(s)
1
Bath
864 sqft

Presented By Iron Gate Real Estate

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Area Information

Eureka | St. Louis County | Shaws Garden West 2

$ 217,500
This listing is play_arrow 0.0% lower than the average in the area
$ 217,500 in the area
864 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
864 SqFt in the area
$ 252 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 252 $/SqFt in the area
53 days on site
This listing is play_arrow 0.0% below the average in the area
53 days on site in the area

Schools in the Area

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    Elementary School
    Geggie Elem.
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    Middle School
    Lasalle Springs Middle
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    High School
    Eureka Sr. High

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Listed By Dana Douthitt
Brokerage: Realty Executives Premiere

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