1123 Laredo Ave, St. Louis, MO 63138, USA
Triangle 1 Created with Sketch. For Sale Triangle 1 Created with Sketch. $26,000 - Residential
3 Bedrooms 1 Bathroom 1 Garage

Great deal on prime rental investment property in North County. This is listed as a 2 bedroom, but only needs doors to enclose space that can be a third bedroom. One of the larger houses on Laredo Avenue and includes a four season room, laundry room, space for a third bedroom, deep one car garage with extra wide drive way and more! Much of the rehab has been completed. New items include: new windows, newer siding, new electrical panel, new wood plank and tile flooring, fresh paint in most rooms, new dishwasher, new gas furnace, new air handler. Needs approximately $15k to finish rehab. Items needed are: range, condensing unit, countertops, finish cabinets, add GFIs, repair roof over addition, some exterior trim around windows in near of house. Seller has left many supplies for rehabbing. This home is a slab.

ARV: $55k,
Repairs: $15k,
Rent-o-meter: $828/3 bedroom,
Cap rate: 17% after repairs.
Call Sandra Holtmeyer for lockbox code: 636-856-3358.

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