4308 S Compton Ave, St. Louis, MO 63111, USA
  $48,000  
6 Bedrooms 2 Bathrooms
This stately property on a quiet, well-kept street within walking distance to fantastic restaurants, boutiques, etc in an up-and-coming area boasts 6 bedrooms, 2 baths and 2718 sf.  Needs a little TLC – mostly cosmetic. Roof was replaced 10 yrs ago and was told that leaks are from improper flashing. Original millwork, thoughtful craftsmanship, 10ft+ ceilings, huge, stunning pocket doors – this beauty makes a perfect canvas to update.
Lots of value-add options for this property without breaking the bank: convert two of the bedrooms into a spacious master suite, update kitchen, baths, refinish hardwoods, open up entry into large living space, finish portion of basement for crazy cool man-cave, etc.
At an average of $73/sqft on this street, ARV=$200K. Depending on what you do to this gem, you may be able to push higher. With all-in purchase/repair costs just slightly above $100K, all the rest is profit in your pocket!!!
Existing features to consider:
  • Sewer lateral inspection came back in fantastic condition (report available upon request)
  • Laundry on second floor and basement
  • Has main floor bedroom (remaining 5 bedrooms located on 2nd floor)

OFFERED AT: $48K

RENOVATION COSTS: $60-80K

ARV: $199K-220K+

Call (314) 743-7077 for more details.

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