Assigning contract — St. Louis quadplex, $119,900 as-is

Assigning contract — St. Louis quadplex, $119,900 as-is

Member since 2026 · 4 posts · 0 votes

Hey St. Louis investors — assigning my contract on a 4-unit at 130 E Loretta Ave, 63125. Two buildings, three units vacant, one month-to-month at $600/mo (well under market).

Asking $119,900 as-is. Market rents around $1,200/unit = $4,800/mo gross potential — buyer to verify. Smoke damage throughout, no fire. Photo-based rehab estimate $71k–$143k, come see it yourself.

One group walkthrough Wednesday 9/16 for qualified buyers (I'll confirm the time). Offers due Friday EOD with POF. $2,500 non-refundable EMD within 24 hours of acceptance.

Photos: https://photos.app.goo.gl/sc9MXQSznCNLJkBp8

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  • Member since 2026 · 4 posts · 0 votes
    2w

    Full photo/video album for the property: https://photos.app.goo.gl/sc9MXQSznCNLJkBp8

  • Member since 2026 · 4 posts · 0 votes
    2w

    PRICE DROP — now asking $114,900 (was $119,900) as-is. All other details the same. Offers due EOD Friday 9/18. DM me if interested.

  • Member since 2026 · 4 posts · 0 votes
    2w

    Update: offers now due EOD tomorrow (Thu 9/17) — moved up a day. $2,500 non-refundable EMD due Friday. $114,900 as-is.

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