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Great Opportunity to Buy and Hold!

5034 Wabada Ave, Saint Louis, MO, 63113

DUPLEX PROPERTY
IN SAINT LOUIS, MISSOURI 

PRICE: $73,000

ARV:  $118,404

Cap Rate (Pro Forma):  44.01%

Rehab Estimate: $25,000

Potential Rent: $2,432/Month

  • Unit Mix:

    • Two 1BR/ 2 Bath Unit​​

  • Occupancy: 100% Vacant

  • Current Rents: $0/month

  • Taxes: $500/Year

  • Insurance: $1,100/Year

  • Utilities: Tenants pay for all utilities except water and sewer.

  • Rehab: ~$25,000

  • Lot Size: 5,079 sq ft

  • Year Built: 1925

  • Management: Currently self-managed, but an excellent local property management company is ready to step in and manage this one for the next owner.

  • Cap Rate (Pro Forma): 44.01% (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)

  • Due Diligence: While we do our best to get all the relevant information to you, buyers are encouraged to do their own due diligence. (See Important Disclosures Below)

TEXTING IS THE FASTEST WAY TO GET A HOLD OF US!

If you have any questions about this property, please contact:

 

Primary Contact: Todd Keith (463) 240-1822

 

sales@fivestreamventures.com

FSVPROPERTIES.COM

Important Disclosures Five Stream Ventures, LLC. is not an appraiser or a general contractor and does not claim to be one. Buyer is to do their own independent due diligence. All properties are sold as is, where is with no warranties or representations expressed or implied. Five Stream Ventures, LLC. is a real estate investment firm and does not claim to be licensed real estate agents or brokers. 

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