We have a new OFF MARKET property contract ready for your review:
Asking Price: $38,000| Estimated ARV: $65,000
6216 Lorraine Ave-1 Saint Louis MO 63121 3 Beds | 1 Baths | 960 Sq ft.
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Description: Tenant has lived at the property since before 2019. Please do not disturb tenant. The Rent has not been raised since 2019 and is due for a significant increase. The pics are from 2022 but the house looks the same and can be verified upon inspection. We would need to have a negotiated price and the house would have to be under contract prior to setting an appointment. I do not want to disturb the tenant until it is necessary.
Property Details
Est. ARV: $65,000
Address: 6216 Lorraine Ave.
City: Saint Louis
State: MO
ZIP: 63121
Square Feet: 960
Bedrooms: 3
Bathrooms: 1
Basement: Full Basement
Additional Features:
County: Saint Louis School District: Normandy Schools Collaborative
Year built: 1923
Occupancy Information:
Occupancy Status: Rented
Zillow Rents: $1229/ month
Estimated ARV Using Propstream.com comps: $85,440
$73,500 – 6241 Dardanella Ave Saint Louis 63121 (Sold: 09/01/24)
$68,000- 2167 Edmund Ave Saint Louis 63121 (Sold: 06/01/24)
*Comparable property data is pulled form Propstream.com
Please Text Marlin at 314-292-9077 or email me at dispo@vacanthomecash.com for more information if needed. .
**Disclaimer: For any properties that we are assigning, ZMC Investments LLC and/or its partners are providing you access to this investment opportunity. The property featured is currently under contract with the owner of record, therefore, giving ZMC Investments LLC an equitable interest in the property. ZMC Investments LLC may assign its contractual rights. ZMC Investments LLC is not selling the property nor acting as the agent of the seller.
***PLEASE NOTE THAT THIS IS BEING SENT TO YOU FOR MARKETING PURPOSES ONLY. Any agreement to the terms of this offering will be evidenced by a contract assignment. The above price includes an already agreed upon purchase price plus a fee to assign equitable interest. All buyers shall be responsible for doing there own due diligence before presenting an offer to purchase. All properties are sold on an AS-IS basis. Seller is not aware of any problems otherwise listed in the email above. All contracts submitted shall not be contingent upon financing with a closing period of 21 days or less.
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