3010 Kemp Drive
About this property
Investor opportunity with strong upside! Whether you're looking for your next BRRRR project or a profitable fix-and-flip, this property offers the value add potential investors are searching for. Featuring over 1,100 square feet, 3 bedrooms, 1 bath, a full basement, and solid construction, this home provides an excellent foundation for the new owner. Comparable renovated homes in the area demonstrate strong ARV, while market rents support an attractive long term rental strategy for buy and hold investors. The property was previously rented at $1,400 per month! Section 8 rents could be even higher in the area. A 3/1 down the street is renting for $1500 with Section 8. The home will need an AC unit, kitchen plumbing stack, and some chimney work which is in the listing photos. The home is priced with these repairs in mind. The inside of the house is charming, clean, and move in ready. The basement offers additional space for your creativity. Property is being sold AS IS. Seller to make no repairs, inspections, or warranties. Schedule your showing today!
About this property
Investor opportunity with strong upside! Whether you're looking for your next BRRRR project or a profitable fix-and-flip, this property offers the value add potential investors are searching for. Featuring over 1,100 square feet, 3 bedrooms, 1 bath, a full basement, and solid construction, this home provides an excellent foundation for the new owner. Comparable renovated homes in the area demonstrate strong ARV, while market rents support an attractive long term rental strategy for buy and hold investors. The property was previously rented at $1,400 per month! Section 8 rents could be even higher in the area. A 3/1 down the street is renting for $1500 with Section 8. The home will need an AC unit, kitchen plumbing stack, and some chimney work which is in the listing photos. The home is priced with these repairs in mind. The inside of the house is charming, clean, and move in ready. The basement offers additional space for your creativity. Property is being sold AS IS. Seller to make no repairs, inspections, or warranties. Schedule your showing today!
Features and Additional Information
Bath
Presented By Iron Gate Real Estate
Area Information
North | St. Louis County | Velda Village Hills
Schools in the Area
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Elementary SchoolBarack Obama Elementary School
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Middle SchoolBarack Obama Middle School
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High SchoolNormandy High
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Brokerage: Mogul Realty