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Jennings Rental Rehab at Wholesale Price

$35,000 • 2 Beds / 1 Baths • 834 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 2
Bathrooms 1
Year Built 1941
Approx.SqFt. 834
Lot size SqFt. 5140
Garage Attached Garage

Description

Contract for sale on deeply discounted Jennings home. Selling for aprox 35% of ARV in light of rehab needed. Water is off, sewer needs to be declogged and siding was damaged by the recent storm. Front porch concrete pad needs repair.

Please consult the google drive PDF walkthrough, a video with sound on, and all the pictures in the google drive.

📍Address: 2023 Wedgewood Dr, Saint Louis, MO 63136

Suggested price: 35000

🎢 After Repair value: 80-90k

Projected Rent >1000/ mo

💵 Flip or keep opportunity

📸 Click for GOOGLE DRIVE

🔎 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 depicted as thoroughly as possible.

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CLOSE OF ESCROW: JUNE 30 with True Title

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 $2000 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.

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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.