Saint Louis MO | RENTAL | ASK 78k RENT 2550

6 Beds / 2 Baths • 1,496 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 6
  • 2
  • 1895
  • 1496
  • 21780

Description

🏡 Assignment Opportunity – Saint Louis MO

Assignment Price: $78,000 + CC

Estimated ARV: $125k Flexible depending on use (Single-Family or Multifamily)

Exit Strategy: Buy & Hold. Currently rented as a multifamily with strong upside potential

💰 Rental Income Potential
  • Current Rent: $1,500/mo per unit
  • Pro Forma Rent (Buy & Hold): Up to $2,550/mo depending on configuration

📍 Property Details

Address: 5959 Cote Brilliante Ave, Saint Louis, MO 63112

Type: currently operating as Multifamily

Year Built: 1895

Square Footage (Building): 1,496 sq ft

Square Footage (Land): 0.5 acres

Beds / Baths: 6 Bed / 2 Bath

Occupancy: Tenant Occupied

Parking: Uncovered Driveway

🛠 Rehab Overview

Scope:

  • Property already updated
  • Just needs light touch-ups

Big Six (per current info):

  • Roof: No known issues
  • Foundation: No known issues
  • HVAC: No known issues
  • Electrical: No known issues
  • Plumbing: No known issues
  • Hot Water Heater: No known issues

📞 TEXT OR CALL BEVANS LLC FOR A SHOWING TODAY: (512) 713-0085

Property Sold As Is | EMD OF $2,500

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.

Estimated Spread

  • ARV $125,000
  • Price $78,000
  • Spread $47,000

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