💥Fix & Flip Wholesale deal in Lemay! 🔥

$89,000 • 3 Beds / 1 Baths • 1,118 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1942
  • 1118
  • 4356

Description

📍Address: 1457 Wachtel Dr, Saint Louis, MO 63125


Full Cosmetic Rehab opportunity in Lemay! This home sits on a bright corner lot and has the potential to transform into a great looking property. It is a 2 bedroom on record but it does have a 3rd bedroom with closed and egress window that was added by previous owner. Property Includes a deck and a detached carport and garage.


💰Suggested price 109000

🎢 After Repair value: ARV ~ 208000

💵 Rent estimate 1450-1700/mo from Rentcast.io


📸 Click for over 200 PICTURES

🎥 Interior Walkthrough Video

🎥 Exterior Walkthrough

🔎 Property Inspection report available - We are serious about transparency and want our investors to make well informed decisions.


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🏡 Property info:

🛏3bd 🛁 1 Bath

Main floor is 1118 sqft


Detached Garage + Carport. Garage area is 528sqft

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🛠️ Property needs full cosmetic rehab.

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SHOWING: Submit your verbal offers! Our top 4-5 verbal offers will attend a one time showing due to home still being owner occupied.

CLOSE OF ESCROW: 3/6/2025 with FREEDOM 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 $3000 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 $200,000
  • Price $89,000
  • Spread $111,000