đ 411 S 25th St, St. Joseph, MO â Value-Add Opportunity
Great opportunity for investors looking for a solid value-add project in St. Joseph. This 1-bedroom, 1-bath home has already had several key exterior updates completed, including newer vinyl windows, vinyl siding, and a newer roofâhelping reduce major upfront capital expenses.
The interior will require a full renovation, including:
- Electrical updates
- Plumbing updates
- Flooring, fixtures, and cosmetic finishes throughout
This property is ideal for a buy-and-hold investor or a light BRRRR strategy. Once renovated, it has an estimated rental potential of ~$750/month as a 1-bedroom unit.
đ°Â Projected Numbers:
- ARV:Â $85,000 â $90,000
- Estimated Rehab:Â $35,000 â $40,000
- Asking Price:Â $22,000
Strong upside with a low entry point and major exterior components already addressed. Perfect for investors looking to build equity and cash flow.
*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.