BIG PROJECT = BIG PROFIT!!

1 Reply

Price $49,500
Location 3533 Iowa Ave, Saint Louis, MO, 63118
Property Details

Single Family Residence

  • Current Rent: $0
  • Square Footage: 3648
  • Bedrooms: 4
  • Bathrooms: 4.0
  • Occupied: No
  • Lot Size:

3533 Iowa, 63118 is a big project with BIG PROFIT - ASKING $49,500


- Property is gutted and ready for you to convert to single family home for big profit.
- Comps attached support updated single family sale ARV 225K+ for smaller square footage.
- This 3800 sq/ft property could be configured into:
(4) - 1 Bed, 1 Bath units OR
(2) 1 Bed, 1 Bath units & (2) 2 Bed, 1 Bath units OR
To a massive single family residence.
- New Windows, Exterior Doors and Tuck-pointing already complete
- Recently gutted and ran out of money

Asking 49,500
Rehab estimate 75-110K
ARV 225K+
All in at 160K generates 65K PROFIT+

COMPS :
- 3710 S. Jefferson - 3 Bed, 4 Bath, 2,820sqft - Sold 184K
- 2706 Wyoming - 4 Bed, 4 Bath, 2,989sqft - Sold 260K
- 3247 Indiana - 3 Bed, 3 Bath, 2,565sqft - Sold 278K
- 3420 California - 3 Bed, 3 Bath, 2,806sqft - Sold 245K

 contact: Discount Property Investors Team

email: [email protected]
website: http://www.discountpropertyinvestor.com