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David Dodge
  • Buy and Hold Investor & Wholesaler
  • Saint Louis, MO
28
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102
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BIG PROJECT = BIG PROFIT!!

David Dodge
  • Buy and Hold Investor & Wholesaler
  • Saint Louis, MO
Posted Jul 26 2016, 14:11

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

Offering

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