1524/1522 Sacramento St Assigned

  • $37,000

1524/1522 Sacramento St
This duplex offers a unique investment opportunity. One side features 2 bedrooms and 1 bathroom, requiring a complete renovation to maximize its potential. The other side of the duplex includes 2 bedrooms and 2 bathrooms, with the possibility of converting an additional space into a third bedroom. This unit needs only light rehabilitation, such as new paint, flooring, and light fixtures. The house already features updates that include a new roof, all vinyl windows, and upgraded electrical components, including the weatherhead and meter bases. The property has a strong rental potential, estimated between $1,800 and $2,200 per month. With the appropriate improvements, the after-repair value (ARV) is projected to be between $175,000 and $180,000.

ARV: $175,000-$180,000

Asking: $37,000

Estimated Rehab: $80,000-$90,000

Potential Rental Income: $1800-$2200/mo

*Rehab descriptions are provided as a courtesy. We strive to help investors have a better understanding of possible needs and numbers. Information provided here is NOT an exhaustive scope of work nor is it a bid for contractor and labor. Please do your own due diligence as numbers/ARV are not guaranteed; they are based on our current knowledge of the property/market, experience, and a quick walk through.

Price:
$37,000
Address:
1524/1522 Sacramento Street
St. Joseph, MO 64503
Terms:
Assignment of Contract
Property Type:
Duplex

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8164488703