Fix and Flip or BRRRR- St. Louis, MO 63115

Descripiton

 Cash Deal in Saint Louis, MO 63115 – Fix & Flip or BRRR Opportunity!  Single Family Home | 4 beds / 1.5 baths / 1,104 sqft Asking Price: $32,000 (Cash deal, vacant and ready for rehab)  ARV (After Repair Value): $110,000 Why This Deal is a Great Investment Opportunity: Solid Cash Deal with Lots of Upside: This property is being offered at $42,000, giving investors a great opportunity to add value and achieve a solid return with an ARV of $110,000. With many major systems already replaced, it’s a perfect candidate for a fix and flip or a BRRR strategy.  Rehab Needed: The property has been kept in good condition, and many major systems are new or updated: Roof: New HVAC/Furnace/Water Heater: 2 years old Electrical and Plumbing: Good condition Some cosmetic updates (“lipstick”) are needed, making this a relatively straightforward rehab.  Rental Income Potential: Long-Term Rental (LTR): Estimated at $1,450/month Short-Term Rental (STR): Estimated at $2,025/month The property’s location and conditionmake it ideal for both long-term and short-term rental strategies. Comps That Support the ARV: 4501 San Francisco Ave, Saint Louis, MO 63115: Sold for $110,000 (4 beds, 2 baths, newer property) This comp supports the $110,000 ARV, demonstrating a strong upside after cosmetic upgrades. Real Numbers Breakdown: Purchase Price: $42,000 ARV: $110,000 Potential Rent: LTR: $1,450/month STR: $2,025/month Close of Escrow (COE): November 14th, 2024  Access: By appointment only.

 Don’t Miss Out on This Cash Deal! Secure this $42,000 property and maximize its value through a fix-and-flip or BRRR strategy. Contact us today to schedule an appointment and take advantage of this opportunity.