535 Fassen St, St Louis, MO 63111
- $15,000
- 1,900
- SqFt
- List Price
- $15,000
- Days on Market
- 2
- MLS#
- 26049281
- Status
- ACTIVE
- Living Sq. Ft
- 1,900
- Lot Size
- 2,243
- Acres
- 0.05
- Year Built
- 1913
- Subdivision
- Carondelet Common
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Calling all investors and rehab specialists! If you're looking for a true value-add opportunity at an exceptionally low price, this fire-damaged duplex deserves a look. Formerly configured as two 1-bedroom, 1-bath units with rear kitchens, the second-floor unit featured a private front bedroom, while the first-floor unit included a walkthrough bedroom. This is a full rehabilitation project, offering the chance to reimagine and restore the property to its potential. Located on a quiet one-way street where renovation activity continues to gain momentum, this property offers the chance to create value in a growing pocket of the neighborhood. According to Rentometer, the average rent for a 1-bedroom, 1-bath unit within 0.75 miles is approximately $745, with the 75th percentile at $846. Whether you're looking for your next flip or a long-term addition to your rental portfolio, bring your vision, your contractor, and your imagination to transform this property into a productive investment once again. Sale is as-is, with seller to do no repairs. Utilities will not be turned on for inspections. Cash offers preferred.
Additional Information
- School District
- St. Louis City
- Elementary School
- Woodward Elem.
- Jr. High School
- Lyon-Blow Middle
- Sr. High School
- Roosevelt High
- Parking Description
- None, On Street
- Cooling
- Window/Wall
- Heating
- Natural Gas
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Conventional, Other, Private
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Listing courtesy of Worth Clark Realty.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
