This is a rent ready, or near rent ready (see below) house in Walnut Park West. Awesome tree-lined street, walking distance to park, playground, and Northwest High School. It is currently tenant occupied at $650/mo and they are month to month. This house will support rents of $725. Hardwood floors throughout, brick in great condition, furnace is 7 years old, roof is 12. There is a detached garage in back as well. Here is the stuff that it could use. Most of this is optional. OPTIONAL ITEMS
  • Outside ac unit is buried in weeds (see pics). It was functional but several years ago a tenant took the copper lines. It might work when reconnected, or you could not worry about it. Window units are the norm.
  • Add a garage door. Tracks are already there.
  • Paint garage siding
  • Fix fascia and paint fascia/trim on garage.
  • 2 downspouts needed on house.
  • Eave vents need painting.
  • 1 piece of fascia on house needs to be replaced.
  • Light landscaping cleanup.
  • There is a fully functional stove, but it is dated. I would replace it.

Property Details

Property Status Expired
Location 5946 Laura Avenue, St. Louis, MO, USA
Price $22,500
Estimated Repairs $2,000
Square Footage 779
Sq Footage Source other
Estimated ARV $45,000
Estimated Equity $20,500
Bedrooms 2
Bathrooms 1
Garage Size 1
Year Built 1961
Monthly Market Rent $725
Tenant In Place yes
Property Management In Place no
Seller Financing Available no
Sellers Disclosure I have equitable interest and am assigning my rights to purchase this property
Publish Date July 17th, 2018

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Member since July 2018

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