πŸ’₯ Clean St Louis- N County Rental at Wholesale Price- Instant equity!πŸ’₯

$54,000 β€’ 2 Beds / 1 Baths β€’ 750 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1928
  • 750
  • 4400
  • No Garage

Description

Contract for sale on well maintained rental in Normandy. Step into instant equity: As-Is Comps have sold for up to 75K.

This one will only require a quick turnaround and potential rents are in the 1100s.


πŸ“Address: 7604 Santa Monica Ave, Saint Louis, MO 63121


πŸ’°Suggested price: 54000

🎒 After Repair value: 80000

πŸ’΅ Potential rent: 1100 - Wonderful opportunity to add a rental to your portfolio.


πŸ“Έ Click for All PICTURES and VIDEOS

πŸ“– Pease Consult Property Assesment Report


πŸ”Ž  We are serious about transparency and want our investors to make well informed decisions.


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🏑 Property info:

πŸ›2bd πŸ› 1Bath

Main floor is 750 sqft

Roof is 7 years old

HVAC and water heater around 10 years

Plumbing Stack PVC


Please consult the full walkthrough report linked above for questions on all the systems and repairs needed.

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SHOWING: Submit your verbal offers! Our top 4-5 verbal offers will attend a one time showing. Verbal offers/ offers submitted through website are assumed contingent on walking and Confirming property condition.

CLOSE OF ESCROW:  May 29 with True Title

VACANT AT CLOSE


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TERMS OF SALE:


  1. This is a Cash or Hard Money AS - IS sale. NO other kinds of offers will be considered.
  2. EMD $2000 due within 24 hours of accepted offer or the contract will be void. A property is not considered under contract until the EMD has cleared and all contingencies removed. EMD policy is non negotiable.
  3. Title is guaranteed to be clear or EMD fully refundable.
  4. Property available for viewing only during previously scheduled viewing time.
  5. Non Circumnavigation: Any attempt to contact the seller without our consent will result in legal action and $10000 minimum settlement.
  6. Proof of funds letter and Pre-approval letters are required for offers to be considered.


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Disclosures:

The buyer acknowledges that they are not relying on any representations, whether written or verbal, concerning the property. The price reflects a cash or hard money offer and is net to the seller. Buyers are expected to conduct their own independent due diligence, including evaluation and inspection, before making an offer. Determining the property’s value is solely the buyer’s responsibility. Any mention of property value and Rehab estimations by the seller or their representatives is as a courtesy and only an opinion. Perspectives on value, as is and after repair value (ARV), construction costs, material quality, workmanship, and market conditions vary based on personal opinions; thus, it is essential that the buyer carefully assess market value.

Estimated Spread

  • ARV $80,000
  • Price $54,000
  • Spread $26,000