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