💥 Clean Rental In Affton – 2 bonus Beds & in great condition! 💥

$159,000 • 2 Beds / 2 Baths • 936 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 2
  • 1927
  • 936
  • 9148
  • No Garage

Description

Contract for sale on Affton home. Currently being used as a 4 bedroom with 2 bonus bedrooms in the walkout basement.

Rental income could approach the 2000/month range with the help of the bonus basement space.

The home itself is in good condition but could benefit from a cosmetic facelift.

All of the systems are in good condition.

Please consult the google drive link below for Pics, and Property assessment PDF.


📸 Click for GOOGLE DRIVE


Zillow Link


📍Address: 4627 Tiemann Ave, Saint Louis, MO 63123


💰Suggested price: 159k

🎢 After Repair value: 220k

💵 Flip or keep Opportunity


🔎  We are serious about transparency and want our investors to make well informed decisions. This is why we go above and beyond to make sure the properties are presented as thoroughly as possible.

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CLOSE OF ESCROW:  JUNE 24 with True Title

VACANT AT CLOSE

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TERMS OF SALE:


  1. This is a Cash or Hard Money AS - IS sale. NO other kinds of offers will be considered.
  2. EMD $3000 due within 24 hours of accepted offer or the contract will be void. A property is not considered under contract until the EMD has cleared and all contingencies removed. EMD policy is non negotiable.
  3. Title is guaranteed to be clear or EMD fully refundable.
  4. Property available for viewing only during previously scheduled showing.
  5. Proof of funds letter and Pre-approval letters are required for offers to be considered.


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Disclosures:

The buyer acknowledges that they are not relying on any representations, whether written or verbal, concerning the property. The price reflects a cash or hard money offer and is net to the seller. Buyers are expected to conduct their own independent due diligence, including evaluation and inspection, before making an offer. Determining the property’s value is solely the buyer’s responsibility. Any mention of property value and Rehab estimations by the seller or their representatives is as a courtesy and only an opinion. Perspectives on value, as is and after repair value (ARV), construction costs, material quality, workmanship, and market conditions vary based on personal opinions; thus, it is essential that the buyer carefully assess market value.

Estimated Spread

  • ARV $220,000
  • Price $159,000
  • Spread $61,000

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