335 South Saint Charles Street, Florissant, Missouri 63031, USA

A Great Investment Opportunity in Florissant, MO

Property Details

A classic single-family house featuring 2 bedrooms, 1 bathroom, and 840 sqft of living space on a 7,501 sqft lot with a detached 1-car garage.

• Roof: Good

• Furnace: Old

• AC: Old

• Plumbing: Good

• Electrical Panel: Good

• Water Heater: Old

The property will be delivered vacant at closing.

Investment Highlights

• Single-story bungalow in good overall condition (4/5) with a full basement that is partially finished with walk-up access

• Charming features including a fireplace and exposed brick wall in the kitchen

• Strong market demand with properties selling in as few as 3 days and an average of 18 interested buyers per deal in this zipcode

• Proven track record in this area: 57% sales percentage on blasted deals with an average profit of $13,479 per closed deal

• Opportunity to add substantial value by adding a 2nd bathroom in the basement to maximize ROI

• Warm market conditions with comparable sales ranging between $146k-$185k

• Located on a quiet street in the Castle Acres 2 subdivision with no flood risk

Financial Summary

• ARV (After Repair Value): $180,000 - $190,000

A Wonderful Wholesale Investment Opportunity!