Rock Island Realty

Historic

3010 Kemp Drive

St Louis, MO 63121

MLS#: 26050658

$85,000

Status: Active
Listing number: 26050658
Listing provided by: Mogul Realty
Listing agent phone: None
Last update: 11 days ago
On site: 11 days ago
Browse Properties
Velda Village Hills - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

None

Year Built

1938

Sq.Footage

1,161

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!

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • Above Grade Finished Area

    1161.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Main Level Bedrooms

    3

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stone

  • Parking

    Asphalt, Driveway

  • Patio and Porch Features

    Patio

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.0977

  • Lot Size(square feet)

    4,255

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Historic

Price

  • Sales Price

    $85,000

  • Tax Amount

    $1,045

  • Sq. Footage

    1,161

  • Price/SqFt

    $73

HOA

  • Association

    No

School District

  • Elementary School

    Barack Obama Elementary School

  • Middle School

    Barack Obama Middle School

  • High School

    Normandy High

Property Features

  • New Construction

    NO

  • Foundation Details

    Concrete Perimeter

  • Ownership

    Private

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St. Louis

Elementary School

Barack Obama Elementary School

Middle School

Barack Obama Middle School

High School

Normandy High

Listing Courtesy of Brian Miller , Mogul Realty

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Agent Erica Holtschneider

Agent / Realtor®

Erica Holtschneider

Call Erica today to schedule a private showing.

(573) 286-8065

erica@homeatthelake.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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!

3010 Kemp Drive

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