400 Macdougall Drive, Glasgow Village, MO 63137
Local realty services provided by:CENTURY 21 Bailey & Co.
400 Macdougall Drive,Unincorporated, MO 63137
$99,900
- 3 Beds
- 1 Baths
- 854 sq. ft.
- Single family
- Active
Listed by: kelly a militzer
Office: expert realty llc.
MLS#:26008334
Source:MO_MARIS
Price summary
- Price:$99,900
- Price per sq. ft.:$116.98
About this home
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.
Contact an agent
Home facts
- Year built:1953
- Listing ID #:26008334
- Added:5 day(s) ago
- Updated:February 19, 2026 at 04:02 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:854 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:1953
- Building area:854 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Riverview Gardens Sr. High
- Middle school:R. G. Central Middle
- Elementary school:Danforth Elem.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$99,900
- Price per sq. ft.:$116.98
- Tax amount:$1,102 (2024)
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