💥 Flip or BRRR this Wholesale deal in 63136!

$85,000 • 3 Beds / 3 Baths • 1,264 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 3
  • 1959
  • 1264
  • 1264
  • Attached Garage

Description

Description

Contract for sale on Fixer Home in (unincorporated) North St Louis County- Hazelwood schools.

The home has Fix and Flip or BRRR potential with solid rent returns for the all in price - a great addition to a landlord portfolio!

📍Address: 10805 Landseer Dr, Saint Louis, MO 63136

💰Suggested price: 84750

🎢 After Repair value: ARV 160-180k depending on finished product

💵 Rental income: On market ~ $1500/mo. Section 8 ~ $1650/mo

----------------------------------------

🏡 Property info:

🛏3bd 🛁 3 Bath

Finished basement with bonus bedroom

❄️ Needs new HVAC

🏠 Roof is 16 years old

🛠️Plumbing: Upgraded to PVC in the home, sewer main has been replace from street to the home but its still cast iron in the basement and will likely need to get augered.

🔥💧 Water heater from 2015, Furnace from 2020

-------------------------------------------

SHOWING: Owner occupied- Pre-scheduled showing only

CLOSE OF ESCROW: December 23rd

VACANT AT CLOSE

-------------------------------------------

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 viewing time.
  5. Non Circumnavigation: Any attempt to contact the seller without our consent will result in legal action and $10000 minimum settlement.
  6. Proof of funds letter and Pre-approval letters are required for offers to be considered.

--------------------------------------------

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 $175,000
  • Price $84,750
  • Spread $90,250