442 Cameron Rd, St Louis, MO 63137

$200,000
3
BD
1
BA
816
SqFt

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List Price
$200,000
Days on Market
36
MLS#
26040035
Status
ACTIVE
Bedrooms
3
Full baths
1
Living Sq. Ft
816
Lot Size
7,753
Acres
0.18
Year Built
1952
Subdivision
Glasgow Village Unit 2
Municipality
Unincorporated
School District
Riverview Gardens
County
St. Louis
Listing Type
Single Family Residential
Property Type
Ranch
Style Description
Ranch

Property Description

ATTENTION INVESTORS! Rare opportunity to acquire an 11-property single-family home portfolio in North St. Louis County for just $200,000, approximately $18,182 per door. This package includes nine properties located in the 63137 zip code, one property in 63136, and one property in 63135. All properties are being sold AS-IS and require substantial renovation. One property has sustained significant fire damage and will require extensive rehabilitation or potential redevelopment. This offering is ideal for seasoned investors, rehabbers, contractors, landlords, or investment groups seeking a value-add portfolio with significant upside potential. Whether your strategy is to renovate and hold as long-term rental assets, complete full rehabs for resale, or capitalize on the growing demand for affordable housing in North County, this package presents an opportunity to control multiple properties at a basis that is difficult to replicate in today's market. The majority of the homes are located within close proximity to one another, creating potential efficiencies for acquisition, renovation management, maintenance, and future portfolio operations. Investors familiar with the North County market will recognize the opportunity to create substantial equity through strategic renovations and property management. Properties are being sold as a package only. Seller will not separate properties. Buyers are encouraged to perform all due diligence regarding condition, occupancy status, utility status, municipal requirements, code compliance, rental licensing, and renovation costs prior to submitting an offer. Portfolio includes the following MLS addresses: #26040035 (this listing), 10609 Spring Garden Dr 63137, 9809 Jeffrey Dr 63137, 455 Midlothian Rd 63137, 288 Habecking Dr, 63137, 221 Roderick Dr 63137, 200 Cameron Rd 63137, 10546 Spring Garden Dr 63137, 249 Grampian Rd 63137, 5220 Hodiamont Ave 63136, and 6129 Dupree Ave 63135. Copy and past this link to review all of the listings: https://drive.google.com/file/d/1tlU46X2ChF711gZScQeX_c_XFNJRoZvq/view?usp=sharing All information is believed reliable but not guaranteed. No warranties or representations are made regarding the condition of any property. Proof of funds required with all offers. Cash ONLY transaction. Seller prefers a quick closing. Opportunities to acquire 11 single-family homes at an average acquisition cost of approximately $18,000 per property are increasingly rare. Bring your vision, your contractor, and your investment strategy. This is a true value-add portfolio positioned for investors who understand how to unlock equity through renovation and repositioning.

Additional Information

Elementary School
Glasgow Elem.
Jr. High School
R. G. Central Middle
Sr. High School
Riverview Gardens Sr. High
Garage Spaces
2
Basement Description
Concrete, Full
Lot Description
Back Yard
Appliances
None
Cooling
Central Air
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash

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Listing courtesy of Elevate Realty, LLC.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified