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535 Fassen Street

St Louis, MO 63111

Property Overview
Price: $15,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 26049281
Property Description
Calling all investors and rehab specialists! If you're looking for a true value-add opportunity at an exceptionally low price, this fire-damaged duplex deserves a look. Formerly configured as two 1-bedroom, 1-bath units with rear kitchens, the second-floor unit featured a private front bedroom, while the first-floor unit included a walkthrough bedroom. This is a full rehabilitation project, offering the chance to reimagine and restore the property to its potential. Located on a quiet one-way street where renovation activity continues to gain momentum, this property offers the chance to create value in a growing pocket of the neighborhood. According to Rentometer, the average rent for a 1-bedroom, 1-bath unit within 0.75 miles is approximately $745, with the 75th percentile at $846. Whether you're looking for your next flip or a long-term addition to your rental portfolio, bring your vision, your contractor, and your imagination to transform this property into a productive investment once again. Sale is as-is, with seller to do no repairs. Utilities will not be turned on for inspections. Cash offers preferred.
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Featured Agent
Terry Gannon
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Listing Brokered by Worth Clark Realty
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