3010 Kemp Dr, St Louis, MO 63121

$85,000
3
BD
1
BA
1,161
SqFt

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List Price
$85,000
Days on Market
0
MLS#
26050658
Status
ACTIVE
Bedrooms
3
Full baths
1
Living Sq. Ft
1,161
Lot Size
4,255
Acres
0.10
Year Built
1938
Subdivision
Velda Village Hills
Municipality
Velda Village Hills
School District
Normandy
County
St. Louis
Listing Type
Single Family Residential
Property Type
Historic Antique
Style Description
Historic Antique

Property Description

Investor opportunity with strong upside! Whether you're looking for your next BRRRR project or a profitable fix-and-flip, this property offers the value add potential investors are searching for. Featuring over 1,100 square feet, 3 bedrooms, 1 bath, a full basement, and solid construction, this home provides an excellent foundation for the new owner. Comparable renovated homes in the area demonstrate strong ARV, while market rents support an attractive long term rental strategy for buy and hold investors. The property was previously rented at $1,400 per month! Section 8 rents could be even higher in the area. A 3/1 down the street is renting for $1500 with Section 8. The home will need an AC unit, kitchen plumbing stack, and some chimney work which is in the listing photos. The home is priced with these repairs in mind. The inside of the house is charming, clean, and move in ready. The basement offers additional space for your creativity. Property is being sold AS IS. Seller to make no repairs, inspections, or warranties. Schedule your showing today!

Additional Information

Elementary School
Barack Obama Elementary School
Jr. High School
Barack Obama Middle School
Sr. High School
Normandy High
Parking Description
Asphalt, Driveway
Basement Description
Poured, Partial
Lot Description
Level
Appliances
Electric Oven, Refrigerator
Cooling
Central Air
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash, Conventional, Private

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Calculator source: Real Geeks

Listing courtesy of Mogul Realty.

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