911 S 16th St Assigned

  • $39,000

911 S 16th St

Charming Home with Modern Updates and Bonus Space!

This 2-bedroom, 1-bath home offers comfortable living with added versatility. Though the interior is dated, you will be PLEASANTLY surprised at how little this property needs to function as a nice rental unit. There are no odors in the house, the bathroom and kitchen are in good shape, and all the kitchen appliances stay!

The property includes finished upstairs access, perfect for a home office, playroom, or additional living space to suit your needs. Recent upgrades include a newer roof with architectural-style shingles, and brand-new furnace, ensuring a solid foundation for your investment. The siding needs repairs is a few areas, an updated electrical panel is needed, and minor brick work at the doorway into the basement is needed.

It has an estimated after-repair value (ARV) of $115,000, making it a great opportunity to customize and build equity.

PLUS! We have construction crews available!  Hire us for an ALL-IN construction price of less than $35,000 pending your level of desired enhancements.  That’s overall ALL-IN for less than $74,000!

Don’t miss this chance to make this charming property your own!

ARV: $115,000
Asking Price: $39,000
Estimated Rehab: $35,000
Estimated Rent: $875/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.

OFFER SHEET

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  • Buyers using a lender must submit pre approval documentation at time of offer and be able to fund the deal on or before the closing date.
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    • Cash Buyers must submit proof of funds at time of offer and be prepare to send funding to title within 24 hrs of signing the contract for property.
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      • If your estimation of repairs looks a lot different than ours we would love to better understand our buyers' numbers, goals, and assessment of properties of interest.
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      Price:
      $39,000
      Address:
      911 S 16th St
      St. Joseph, MO 64503
      Terms:
      Assignment of Contract
      Property Type:
      Home

      Call 8164488703 for more details

      Property Location

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      8164488703