💥 Fixer Duplex with Monster cash flow potential💥

4 Beds / 2 Baths • 2,100 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 4
  • 2
  • 1925
  • 2100
  • 3632
  • Detached Garage

Description

📍Address: 4841 Kossuth Ave, Saint Louis, MO 63115


Fixer Duplex with projected after repair rents of $2500/month!


Please consult the abbreviated Property Inspection Report and detailed pictures provided to ensure upfront and transparent depiction of the condition of the property.

Previous water damage on a wall is present due to a Roof leak that is now repaired. Plaster damage remains to be fixed.


💰Suggested price $ 55000

🎢 After Repair value: ARV- $135000

Comp: 4890 Kossuth ave - $158000


LINK: GOOGLE DRIVE PICTURES


LINK: 360 PICTURES




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🏡 Property info: 2 units

🛏3bd 🛁 1 Bath

🛏1bd 🛁 1 Bath


Total living area 2100 sqft



🛠️ Repairs needed throughout to bring this duplex to market standard


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CLOSE OF ESCROW: 2/10/2025

TERMS OF SALE:


  1. This is a Cash or Hard Money AS - IS sale. NO other kinds of offers will be considered.
  2. EMD $5000 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, Under contract and ready to be assigned.
  4. Property available for viewing only during scheduled viewing time.
  5. Non Circumnavigation: Any attempt to contact the seller without our consent will result in legal action and $10000 minimum settlement. Every property is under contract and memorandum is filed.
  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 $130,000
  • Price $55,000
  • Spread $75,000