Flip or BRRR this easy rehab! Spacious 4bed on corner lot with great rental potential.

$60,000 • 4 Beds / 1 Baths • 1,512 SqFt
Offer Submission Deadline
  • Single Family House
  • 4
  • 1
  • 1910
  • 1512
  • 1512
  • No Garage

Description

Contract for sale on Investment property with great potential. It does need a full cosmetic update.

New roof was installed in 2019, newer water heater, all windows are newer, plumbing is original cast iron with no reported issues.

📍Address: 6375 Lillian Ave, Saint Louis, MO 63136

💰Suggested price: 58000

🎢 After Repair value: 120k +

💵 Fix and flip or BRRR opportunity

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🏡 Property info:

🛏4bd 🛁 1Bath - 2bedrooms upstairs

Main floor is 1500sqft

Unfinished basement

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CLOSE OF ESCROW: September 1st

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 $120,000
  • Price $58,000
  • Spread $62,000

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