3710 Iowa Ave, St. Louis, MO 63118

# A Great Investment Opportunity in St. Louis, MO ## Property Details A classic duplex featuring 2 units (1 bedroom/1 bathroom each), with 1,842 sqft of living space on a 3,131 sqft lot with a detached garage. • Roof: Needs replacement • Furnace: Needs replacement • AC: Needs replacement • Plumbing: Needs updating • Electrical Panel: Needs updating • Water Heater: Needs replacement The property will be delivered vacant at closing. ## Investment Highlights • Priced at the bottom of the market - $39,900 asking price with $30K acceptable offer • Strong wholesale market activity - 50% deal closure rate in zip code with average of 11 interested buyers per deal • ARV potential of $200K based on comparable sales • Proven investor demand - 161 total buyers interested in similar deals in this area • Wholesale-only exit strategy allows for quick turnaround with approximately 28% ROI for end buyer ## Financial Summary • ARV (After Repair Value): $200,000 • Estimated Rehab Cost: $100,000 (full remodel including garage rebuild) • Asking Price: $39,900 (accepts $30,000) **A Wonderful Wholesale Opportunity!**