Full Gut Rehab Property in St. Louis, MO-63115

Descripiton

LOCATION:4276 E Kossuth Ave St Louis MO 63115

Cash Deal Opportunity: Full Gut Rehab Property in St. Louis, MO

Investment Property with High ARV Potential 

Property Details:

• Beds/Baths/Sqft: 2 beds  / 1 bath  / 1,116 sqft

• Purchase Price: $20,000  (+TC + CC)

• After Repair Value (ARV): $90,000

• Estimated Rehab Cost: Full gut renovation needed

• Occupancy: Vacant

Property Condition:

• Foundation/Roof/HVAC/Furnace/Water Heater/Electrical/Plumbing: Described as "terrible" by seller; full renovation required

Rental Income Potential:

• Long-Term Rental (LTR): Estimated at $905/month

• Mid-Term Rental (MTR): Not specified

• Short-Term Rental (STR): Not applicable

Investment Highlights:

• Full Gut Rehab Opportunity: Property requires a full gut renovation, offering potential to significantly increase value

• High ARV & Rental Potential: Estimated ARV of $90,000 with rental potential of $905/month for long-term tenants

• Vacant Property: Ready for immediate renovation

• Cash Seller Motivated to Walk Away:Seller is looking for a quick cash transaction to walk away from the property

Why This Deal is a Great Opportunity: This property offers a great opportunity for investors seeking a full renovation project with substantial upside potential. With a low purchase price and an ARV of $90,000, there is potential for significant equity gain after renovation. Situated in a rental-friendly market, this property could be a profitable addition to an investor's portfolio.

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