Home / Andrei Calugaru / 💥 Ferguson Fixe...

💥 Ferguson Fixer for 36% of ARV. 3/1.5 1200sqft has Sunroom and Walkout basement

3 Beds / 1.5 Baths • 1,200 SqFt

Sold

Offer Submission Deadline

House Type Single Family House
Bedrooms 3
Bathrooms 1.5
Year Built 1957
Approx.SqFt. 1200
Lot size SqFt. 7500
Garage Attached Garage

Description

Contract for sale on Ferguson Home that has great Investment potential and needs a full rehab. The home has 3 bedrooms that could turn into 5 by converting the sunroom and adding a bedroom to the walk out basement.

📍Address: 9625 Newton Dr, Saint Louis, MO 63136

Suggested price: 59000 - Thats 36% of ARV!!!

🎢 After Repair value: ARV 150-165k depending on final result of rehab.

💵 This home could rent for up to 1700/month if 2 additional bedrooms are added in sunroom / basement.

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📖 Property Assesment Report

🔎 We are serious about transparency and want our investors to make well informed decisions.

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Property info:

3bd 1.5 Bath

Main floor is 1200 sqft

Basement has walkout and a 4th bedroom could be easily added.

Sunroom could also be used as bonus bedroom just needs a closet.

Plumbing: Plumbing stack and sewer main are in need of descaling or replacement.

All of the other systems are old.

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SHOWING: Submit your verbal offers! Our top 4-5 verbal offers will attend a one time showing. Verbal offers/ offers submitted through website are assumed contingent on walking and Confirming property condition.

CLOSE OF ESCROW: 5/16/2025 with True Title

VACANT AT CLOSE

POST POSSESSION seller will need 14 days. 50% of sale proceeds will be held in escrow until move date.

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TERMS OF SALE:

This is a Cash or Hard Money AS - IS sale. NO other kinds of offers will be considered.
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.
Title is guaranteed to be clear or EMD fully refundable.
Property available for viewing only during previously scheduled viewing time.
Non Circumnavigation: Any attempt to contact the seller without our consent will result in legal action and $10000 minimum settlement.
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.