We have a new OFF MARKET property contract ready for your review:
Asking Price: $52,000.00 | Estimated ARV: $75,168
8015 Allen Ave. Saint Louis MO 63114 2 Beds | 1 Baths | 864 Sq ft.
Tenant on a Month to Month Rent is $625 /mo.
Tenant pays all utilities except for MSD.
Rent should be $850 to $900/mo. Owner never asked for an increase.
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Description: The property has been rented by the same tenant before 2019. The property is located in a good area. The tenant is a slow paying tenant and it will be your choice to remove her or let her stay with the your raised rent. The lease is currently Month To Month at $625/mo.
There is a great opportunity here to increase cash flow or move the tenant out and fix and flip or hold.
Property passed section 8 inspection back in December 2024
The rent has not increased in all these years.
-Rent should be around $800 to $900 or more.
-This property is definitely a value add
Property Details
Est. ARV: $75,168
Address: 8015 Allen Ave.
City: Saint Louis
State: MO
ZIP: 63114
Square Feet: 864
Bedrooms: 2
Bathrooms: 1
Basement: Full Basement
Additional Features:
County: Saint Louis School District: Normandy Schools Collaborative
Year built: 1919
Occupancy Information:
Occupancy Status: Rented
Current Rents: $625/MO
Zillow Rents: $954/ month
Estimated ARV Using Propstream.com comps: $75,168
$90,000 – 8108 Winfield Ave Saint Louis 63114 (Sold: 02/01/24)
$64,880- 8204 JOHN PL SAINT LOUIS 63114 (Sold: 01/01/24)
*Comparable property data is pulled form Propstream.com
Please Text Marlin at 314-292-9077 or email me at dispo@vacanthomecash.com for more information if needed. .
**Disclaimer: For any properties that we are assigning, ZMC Investments LLC and/or its partners are providing you access to this investment opportunity. The property featured is currently under contract with the owner of record, therefore, giving ZMC Investments LLC an equitable interest in the property. ZMC Investments LLC may assign its contractual rights. ZMC Investments LLC is not selling the property nor acting as the agent of the seller.
***PLEASE NOTE THAT THIS IS BEING SENT TO YOU FOR MARKETING PURPOSES ONLY. Any agreement to the terms of this offering will be evidenced by a contract assignment. The above price includes an already agreed upon purchase price plus a fee to assign equitable interest. All buyers shall be responsible for doing there own due diligence before presenting an offer to purchase. All properties are sold on an AS-IS basis. Seller is not aware of any problems otherwise listed in the email above. All contracts submitted shall not be contingent upon financing with a closing period of 21 days or less.
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