A Great Investment Opportunity in Fenton, MO
Property Details
A classic single-family house featuring 3 bedrooms, 3 bathrooms, and 1,579 sqft of living space on a 18,561 sqft lot with an attached 2-car garage.
• Roof: New
• Furnace: Good
• AC: Good
• Plumbing: Good
• Electrical Panel: Good
• Water Heater: Good
The property will be delivered vacant at closing.
Investment Highlights
• Single story ranch on the end of a cul-de-sac with brick exterior and large balcony
• Hot market with limited inventory and only 1 active listing out of 10 total sales in the past year
• A-rated Lindbergh School District in a low crime area
• Recent comparable sales ranging from $362k-$440k, with the highest ARV sold in just 10 days
• Full basement partially finished with above-ground pool and fireplace
• Strong buyer demand with an average of 16 interested buyers per deal in this zipcode
• Great fix & flip potential with estimated $35k in cosmetic updates needed
Financial Summary
• ARV (After Repair Value): $400,000 - $420,000
A Wonderful Wholesale Opportunity!