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.
πAddress: 7604 Santa Monica Ave, Saint Louis, MO 63121
Suggested price: 54000
π’ After Repair value: 80000
π΅ Potential rent: 1100 - Wonderful opportunity to add a rental to your portfolio.
π We are serious about transparency and want our investors to make well informed decisions.
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Property info:
2bd
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:
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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 propertyβs value is solely the buyerβs 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.
4 Bedrooms | 1 Baths | 1,278 ft
5 Bedrooms | 1.5 Baths | 2,240 ft
3 Bedrooms | 2 Baths | 1,485 ft
2 Bedrooms | 1.5 Baths | 1,062 ft
3 Bedrooms | 1.5 Baths | 1,200 ft