This 3-bedroom, 2-bath single-family property is a full rehab opportunity with partial demo already completed. The layout offers potential to convert to a duplex, subject to buyer verification and approvals. Major structural and system components are reported to be in good condition, allowing buyers to focus rehab dollars on finishes and layout.

Financials

-Asking Price: $30,000

-ARV: $170,000

-Estimated Repairs: $70,000

Investment Property Details

-Property Address: 1427 Farrar St, St. Louis, MO 63107

-Property Type: Single Family (Conversion Potential)

-Bedrooms / Bathrooms: 3 Bed / 2 Bath

-Square Footage: 1,400

-SF Year Built: 1903

Condition

-Overall Condition: Full Rehab

-Partial demolition completed

-Foundation and roof reported in good condition

-Plumbing and electrical reported in good condition

Comparable Sales (ARV Support)

-3221 Harper St – Renovated, sold $223,000 (09/11/2024)

-3212 Harper St – Renovated, sold $180,000

-3927 N 19th St – Sold $109,900

Comparable Sales (As-Is)

-1506 Mallinckrodt St – Sold $127,000 as-is (larger square footage)

-2927 Harper St – Sold $52,000 as-is

Investment Highlights

-Full rehab with partial demo completed

-Major systems and structure reported in good condition

-Potential duplex conversion (buyer to verify)

-ARV and as-is comps strongly support pricing

Call now to make an offer!

Will Humphrey

(727) 977 5543

[email protected]