Great Potential Rental In St. Louis, MO

Great Potential Rental In St. Louis, MO

Real Estate Agent · Saint Louis, MO · Member since 2015 · 11 posts · 4 votes

Great potential rental in Normandy area of St. Louis, MO 

C-Class rental will yield a Cap of 20%+

Asking Price $14,900 OBO

ARV of $45-50k

Estimated Reno Budget of $30k

Market Rent of $850-$875

Sits on a flat corner lot, has mostly vinyl windows and the kitchen cabinets are in good condition.  Other than that it needs a full renovation including a roof, small deck, electrical mast & panel, mechanicals, interior drywall work and full interior cosmetic updates. 

All offers will be considered.  Must be a cash sale.

Full photos -->> https://www.dropbox.com/sh/sxjb89x9x4yz3ny/AAAdA_yKHyAJlpeyY6qz56uoa?dl=0

Thanks for your interest!

1Reply
13 views

Investor-friendly agents in St. Louis, MO

See the agents BiggerPockets members work with in St. Louis, MO.

1 Reply

Jump to latestLatest
Join the conversationCreate a free account to reply, vote on answers and follow this thread.