Wholesale

???? Off-Market Investment Opportunity – Large 1,748 Sq Ft Home in Bellefontaine

1616 Claudine Dr, St. Louis, MO 63138

$185,000 After Repair Value -
$137,000 Asking Price -
$25,000 Cost of Repairs =
$23,000 Potential Profit

Property Details

Asking Price $137,000

After Repair Value $185,000

Costs of Repairs $25,000

Potential Profit $23,000

Living Area 1748 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

Great opportunity for investors looking for a value-add property with strong upside potential in the Bellefontaine Neighbors area.???? Property DetailsAddress: 1616 Claudine Dr, St. Louis, MO 63138Beds/Baths: 3 Bed / 1.5 BathSq Ft: Approx. 1,748 Sq FtProperty Type: Single FamilyLot Size: Approx. 0.26 Acres???? Investment OverviewAsking Price: $138,000Estimated ARV: $160K – $185K (depending on renovation level)Large footprint property with solid layout, offering strong potential for either a fix & flip or long-term rental strategy.???? Repairs NeededProperty will require updates depending on investor’s exit strategy.Typical updates may include:• Interior cosmetic updates (paint, flooring, fixtures)• Kitchen and bathroom upgrades• General repairs and cleanupRehab scope can vary from light to moderate, depending on desired finish level.

Repairs Needed

Property will require updates depending on investor’s exit strategy. Typical improvements may include:\r\n• Kitchen update (cabinets, countertops, fixtures)\r\n• Bathroom renovations (1.5 baths)\r\n• Interior paint throughout\r\n• Flooring replacement or refinishing\r\n• Updated lighting and fixtures\r\n• General repairs and cleanup\r\n• Minor mechanical updates as needed\r\nRehab scope appears light to moderate depending on finish level. Property has good square footage and layout, making it a strong value-add opportunity.

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Kenice Benford

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