This Property is Not Active


3501 Iowa Ave, St. Louis, MO 63118

Multiple Family / 4 Bedroom(s) / 3 Bath(s)

Property Status:  Not Available | $210,000.00 (Wholesale) | 


Property Photos


Out of state Tri Plex with great cash flow


Property Status:
Not Available | $210,000.00 (Wholesale)
Property Details:
Multiple Family / 4 BR / 3 BA
Property Style:
Tri-Plex
Finished Sq Ft:
3,350
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Property Description:

This Tri Plex is in Missouri. It's in an area that has been turned around by other investors and now is a hot spot for people to live. Properties appreciate well in this area. It's down town so it's close to the cardinals staduim for you baseball fans.

This Tri Plex comes fully rent with tenants the have not missed a payment. In total the rent is comes out to be $2205 a month. So if you follow the 1% rule the property should sell at 220,500 

I have a list of comps that put the property at 71.53 a sq which comes out to an arv of 239,625 for this property

The property consists of a unit that is a 2/1 and two units that are 1/1



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Utah Real Estate Investors Association is not responsible nor will be held liable for the property or the information listed here.

Utah Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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