7624 Fairham AVE University City, MO 63130
2 Beds
1 Bath
1,008 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $122
Subdivision Fairham
MLS Listing ID 25072909
Style Bungalow
Bedrooms 2
Full Baths 1
Year Built 1928
Annual Tax Amount $1,479
Lot Size 0.257 Acres
Acres 0.257
Property Sub-Type Single Family Residence
Property Description
Previously owned as a strong rental: previously verified market rent of $1,450 per month (annual gross rental income of $17,400). If financed with 20% down at prevailing conventional investment rates projected cash flows support an estimated 12–16% cash-on-cash return. As with any investment, buyers are encouraged to perform their own analysis and due diligence. Have your agent inquire on verifiable previous lease and rental rolls.
Freshly painted with new touches like an electric fireplace, this home offers comfortable living now with great upside later. The large unfinished basement and three-seasons room create opportunities for added living space or future equity—perfect for owner-occupants who like to improve as they go.
Out back, the oversized lot sets this home apart—ideal for a garden, patio, or outdoor entertaining. A rare and valuable combination in U City, signaling strong demand and long-term value appreciation for years to come. Conveniently located near The Loop, Metro Transit, and central St. Louis County amenities, Fairham is a smart entry into home ownership or a cash flowing investment.
Location
State MO
County St. Louis
Area 136 - University City
Rooms
Basement 9 ft + Pour
Main Level Bedrooms 2
Interior
Heating Forced Air, Natural Gas
Cooling Electric
Flooring Hardwood, Vinyl
Fireplaces Number 1
Fireplaces Type Electric, Living Room
Fireplace Y
Appliance Electric Oven, Electric Range, Refrigerator
Laundry In Basement
Exterior
Parking Features false
Fence Chain Link
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Barbara Jordan Elem.
Middle Schools Brittany Woods
High Schools University City Sr. High
School District University City
Others
Ownership Private
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard