301 Pike Street. (First Flip)

2 Replies

Investment Info:

Single-family residence fix & flip investment in Saint Charles.

Purchase price: $158,000
Cash invested: $29,000
Sale price: $250,000

3 Bed 2 Bath SFR in Historic Saint Charles. Built in 1900.

Congratulations on your first flip! The house looks great and that is a great location (I live 5 or so minutes away). Did you run into many issues during the rehab due to the age of the property? I have heard some of the houses in the older part of Saint Charles can be difficult to work on. 

Matt, Thanks!  Age of the house did not make it as fun to work on as most of the other houses that I am in typically....Plaster and wall paper especially are not an easy task. Other than, The home did not have any air conditioning at all besides window units, so that was a challenge in itself. Yes it was a pain at times but...would I do it again...Yes!

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