Charming Investment Opportunity – Duplex with High ROI Potential Address: 1414 Newhouse, St. Louis, MO 63107 Price: $15,000 Don’t miss this incredible opportunity to own a duplex with excellent income-generating potential! This property features two units, each with 2 bedrooms and 1 bathroom, offering comfortable layouts for tenants. Whether you’re a seasoned investor or just starting your real estate journey, this property is a fantastic addition to your portfolio. Key Features: • Income Potential: • Estimated rental income of $2,400/month or $28,800 annually from both units. • High Net Operating Income (NOI) potential of approximately $20,020/year, even after accounting for expenses. • Strong ROI of 133%, based on the affordable purchase price and rental market rates. • Rehabilitation Details: • Plumbing and electrical systems require complete upgrades. Estimated rehab costs are $22,000 to $24,300, making this property an affordable value-add investment. • Customize the finishes to maximize rental appeal or future resale value. • Neighborhood Highlights: • Located in a growing area of St. Louis with increasing rental demand. • Convenient access to local amenities, transportation, and schools. • Additional Perks: • Potential for owner-occupancy in one unit while renting the other to offset living expenses. • Significant tax advantages for rental property owners. This property is perfect for investors looking for a high cash-flow opportunity or buyers willing to put in some work to unlock its full potential. With a low purchase price and strong rental market, this duplex is a hidden gem waiting to shine! Act Now! Schedule your showing today and start building your real estate portfolio. Properties at this price point and income potential don’t last long! Disclaimer: All figures are estimates and subject to buyer verification. Property is being sold as-is.
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