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DeBaliviere Condo in beautiful historical Building on Waterman Blvd!

$139,000 • 2 Beds / 1.5 Baths • 1,645 SqFt

Available

Offer Submission Deadline

House Type Condo
Bedrooms 2
Bathrooms 1.5
Year Built 1910
Approx.SqFt. 1645
Lot size SqFt. 1645
Garage No Garage

Description

*Contract for sale* on condo with great potential. Situated in beautiful historical building, minutes from Forest Park and Central West End. Rare rehab opportunity in very desirable location.

The Apartment building has been hit by the recent tornado. Multiple windows still need replacement, The roof has yet to be repaired, and the Central AC was located on the roof and will need to be replaced as well. Knob and tube present in the apartment, localized plaster repair needed.
HOA 625/month , 12 month leases ok after first year of Owner occupancy.
Google Drive Link to 200 photos and video
Renovated Comp in same building: ZILLOW LINK

📍Address: 5539 Waterman Blvd, Apt 2N, Saint Louis, MO 63112

Suggested price: 139k

🎢 After Repair value: 240-250k

💵 Fix and flip opportunity

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SHOWING: Owner occupied - scheduled showings only.

CLOSE OF ESCROW: November 1st

VACANT AT CLOSE

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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 showing.
Proof of funds letter and Pre-approval letters are required for offers to be considered.