2003 E College Avenue, St Louis, MO 63107

$35,000 Asking Price

4 beds
3 baths
2,490  sqft
Built in 1904

Great Investment Opportunity: Home with Huge Potential! Here's a chance to make a big impact with your next investment! This large two-story home, including a fully usable 1,200 sqft basement , has been touched by fire damage but stands as a promising project for an investor ready to bring it back to life. In January 2023 the house was inspected by a structural engineer and a new interior design plan to turn the home into a spacious 6-bedroom, 4-bathroom property has also been mapped out by an architectural engineer. The home was also appraised in January 2023 for an ARV of $248,000 (repairs are expected to cost around $65k-$80k), this project could be a profitable venture. This property is perfect for investors looking to add value and create a beautiful living space. Whether you're aiming to sell for a profit or rent it out, the potential here is enormous. The home can be converted to a duplex as well.


Features & Amenities

Interior

Basement:
Unfinished
A/C:
None
Heating:
true, Forced Air
Fireplace:
Fireplaces: 0

Exterior

Parking:
Other

Construction

General:
Two

Location

Originating MLS:
maris
School District:
St. Louis City
County:
St Louis City

Lot

Zoning:
3399-00-0470-0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
maris
Ownership:
Private

This listing courtesy of:
Main Key Realty LLC

About Saint Louis, MO

Housing

Number of Units
443,445
Median Home Value
$231,178
Median Rent
$791

43.82% of housing units are renter occupied.

12.07% are vacant.

Commute

Car
66.93%
Public Transportation
3.45%
Walk to Work
2.14%
Work from Home
26.34%
Other
0.71%

The median travel time to work is 19 minutes.

People

Population
893,179
Median Age
39.50
Median Household Size
2.40

Education

High School
22.64%
Associate’s Degree
7.10%
Bachelor’s Degree
22.93%
Graduate Degree
19.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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