For Sale $112 - Residential
Fantastic Opportunity to Fix & Flip or Hold in St. Louis Hills! Strong property values in one of St. Louis’s Best Neighborhoods.
Currently a 2/1, this charming brick home could easily be converted to a 3/2 by sectioning off a Bedroom and adding a bath in the already partially finished basement. Better yet – build an addition on the back, level yard for maximum profit like the same house down the street that sold for $225,000. This well-cared for home is in original but good condition overall and always in same family. The bathroom is actually in great shape and could stay without a total makeover saving you big money. Could keep current kitchen if this will be a Rental or open the wall expanding into Dining Room and add an Island to wow new buyers. HVAC aprox. 4 years old. Original Hardwood floors under carpet. Repairs needed include: some tuck pointing, minor plaster cracks in some rooms, remove stained carpet & reveal it’s original, always covered hardwood floors, update electrical panel, fix leak under bathroom vanity, fireblock under tub, minor exterior trim/screen repairs, could use new roof but minor roof repair over garage & few missing shingles may be sufficient for rental, kitchen floor worn, & fresh coat of paint on current plain white walls will do wonders. Same house 5 doors down with addition as 3/3 sold last July for $225,000.
Recent home sales nearby show the value of updating these homes:
6937 Hillsland Ave $170,000 (2/1)
6942 Hi View Ave. $218,000 (2/2)
6945 Plainview $225,000 (3/3)
Rentometer Ave $948 (2 Beds), $1255 (3 beds)
ARV 2 Beds – $170,000
ARV 3 Beds – $225,000
Rent Ready Repair Estimate: $5-10k
Rehab Estimate $25,000 depending on level of finishes & if you do an addition to get top dollar!
Pre-MLS today at $112,000
Contract will be Assigned.
Viewings BY APPOINTMENT ONLY as owner is still getting things moved out. Contact Sandra Today! 636-856-3358 Sandra-FirstFreedomProp@outlook.com Assignor is Licensed Agent in Missouri
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