Attention investors! Here's a value-add opportunity in the desirable Northwoods area offering multiple exit strategies. Whether you're looking for a quick flip or a long-term rental, this property features solid upside with light cosmetic updates and the potential to add a third bedroom for increased value.
Property Overview
2 Bedrooms / 1 Bathroom
Potential for 3rd Bedroom
1,479 Sq Ft
Single-Family Home
Currently Tenant-Occupied
Delivered Vacant at Closing (Buyer May Elect to Keep Tenant)
Financial Snapshot
Asking Price: $98,000
Estimated Rehab: $10,000
Estimated ARV: $155,000–$185,000
Investment Highlights
Potential 3-Bedroom Conversion
Light Cosmetic Renovation
Strong Equity Spread
Flexible Exit Strategy
Tenant Option Available
Established Rental Market
Renovation Scope
Expected improvements include:
Interior paint
Flooring updates
Kitchen and bath refresh
Lighting and fixtures
Minor cosmetic repairs
Why Investors Will Like This Deal
Low renovation budget
Opportunity to increase value by creating a third bedroom
Strong resale and rental demand
Delivered vacant or with tenant in place—buyer's choice
Excellent flip or buy-and-hold opportunity
Potential Exit Strategies
Fix & Flip
BRRRR
Buy & Hold Rental
Value-Add Rental
Investor Takeaway
Affordable opportunities with this kind of spread are becoming harder to find in the St. Louis market. With only ~$10K in estimated updates and an ARV of $155K–$185K, this property offers excellent upside for both experienced and first-time investors.
For fastest response: Cherrie – Dispo Manager Call/Text: (404) 620-2544
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