I thought it was sold, but apparently I was dealing with someone who attended a seminar or something and was basically just wasting my time. I'm taking new pictures tmw , since more work and clean up has been done since the last pictures were taken and these aren't accurate anymore and will also do a video walk through. Moreover, today, 2-25, I have a real estate agent coming over and I'm going to go ahead and list it on the MLS for the first time at 120k and don't contemplate that it will be on the market from there, for very long. The reason why I'm selling now is because I have a family member , who I want to spend the last of their remaining days with, as opposed to finishing out the rehab and there is only about 1 week of work even left to do and an estimated cost of about 5 grand per side to finish up from this point,, and then the duplex will sit at it's resting market value of 275-300k depending on the amount/extent of renovation involved. With the greatest amount of respect, I'll refuse any low ball offers and the price is what it is. This building sits on a corner lot in this area with no neighbors, and a privacy fence , it is zoned commercial and residential. I'm going to go ahead and start working again tmw on it and the price will go up from here, likely 5-10k a day, based on my next renovations , until I get to full market value or someone buys it off my hands , at a different price/point and takes over the work. So my theory was to leave a little meat on the bones for someone else to make some money on, but I guarantee I'll take it instead, if you don't want the extra and have no problem spending the money or time to finish it off, but is why it is listed at 1/3 the market value now and acknowledgement that it needs little more money/work to get it to where it needs to be at. So please no low ball offers and I don't really have the time nor patience to put up with it and would rather work on my house, than waste time on any silliness. I've had the property for over 2 years and if I was going to be going for any silly stuff, you gotta ask yourself why I haven't already. I'm a motivated seller and looking to sell the property asap, so feel free to give me a call, I'm hard to not get along with. This is a Large historical duplex in the McKinley Heights neighborhood and immediately bordering the Fox Park, Soulard, Benton Park and Lafayette Square neighborhoods, where there's tons of events and things to do all the time, along with being in a vibrant and safe neighborhood, where there's tons of market momentum happening. Much of the original woodworking, crown moulding, cabinets, cabinet doors, and things like pocket doors, are still intact and in working order along with having super tall ceilings. The property is located on a block where its closest, (but still distant) neighbor is a commercial building., that has little to no activity surrounding it., so it is basically a cul de sac, but in the city and offers a lot of privacy, but still very close to everything. All of the appliances, sinks, faucets, cabinets and toilets are in the units , this duplex is being offered at 101k which is 2/3 below the fair market value of similar homes in the area and even investing 15k on each side it would then be guaranteed to bring it up to 150k per side for a total 300k; and it would be a 125% ROI from an initial investment of 120-130k. At 50.5k per side this is a steal and even the 60k per side on the mls , will be a steal, so if you have the money to invest and wanna make at least 100k , 50k per side, or looking to be a homeowner of a 275--300k property, but only spending 130k for it, 101k for property and 15-30k on renovation (tops); then give me a call ., from an investor's perspective both sides could be rented out with large living areas in the basement and from an owner's viewpoint, one side could be rented out or air bnb, for a residual income; it's typically available for showing any day from 7am to 7pm.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
