Great Potential Rental In St. Louis, MO

[Brian Stewart]

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!