3501 Iowa Ave, St. Louis, MO 63118

4 Bedrooms / 3 Baths / Multiple Family

Property Status: Available (Wholesale) |  For Sale: $210,000.00

Property Photos

Out of state Tri Plex with great cash flow

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $210,000.00
Property Details:
4 Bedrooms / 3 Baths / Multiple Family
Property Style:
Finished Sq Ft:
No Basement
Owner / Agent:
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 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 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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Utah Real Estate Investors Association
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  • West Jordan, UT 84088

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