2139 69th St, St. Louis, MO 63121
Asking $35,000 OBO (reduced from $40,000) · ARV $80,000 · Rents $1,200–$1,300
Roof under 3 years. 2017: new PVC plumbing with the lateral replaced, new 200-amp panel, new water heater, tuckpointing.
The long-term tenant (8 years) just moved out. Needs a standard turn: paint, cleaning, and carpet in the bedrooms.
BRRRR math: a 75% LTV refinance on $80,000 is $60,000, enough to pull out the $35,000 purchase plus a light turn, and then some.
The terms
Asking: $35,000 OBO
ARV: $80,000
Market rent: $1,200–$1,300/month
Size: 3 bed / 1 bath, 1,008 sqft
Financing: cash only
Contract: assignment or double close
EMD: none required
Title / closing: True Title, quick close
Access: lockbox. Water on, electric off.
Ready to move? Click Make an Offer on this page.139 69th St, St. Louis, MO 63121
Asking $35,000 OBO (reduced from $40,000) · ARV $80,000 · Rents $1,200–$1,300
Roof under 3 years. 2017: new PVC plumbing with the lateral replaced, new 200-amp panel, new water heater, tuckpointing.
The long-term tenant (8 years) just moved out. Needs a standard turn: paint, cleaning, and carpet in the bedrooms.
BRRRR math: a 75% LTV refinance on $80,000 is $60,000, enough to pull out the $35,000 purchase plus a light turn, and then some.
The terms
Asking: $35,000 OBO
ARV: $80,000
Market rent: $1,200–$1,300/month
Size: 3 bed / 1 bath, 1,008 sqft
Financing: cash only
Contract: assignment or double close
EMD: none required
Title / closing: True Title, quick close
Access: lockbox. Water on, electric off.
Ready to move? Click Make an Offer on this page.
Vacant, on a lockbox. Water on, electric off. Call or text (314) 916-3288 for the code. Submit your offer on this page.
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