4545 Alice Ave, Saint Louis, MO 63115
This 4-bedroom, 2-bathroom home is perfect for an investor that is looking for their next "slow flip" or cash-cow investment property. Spanning 1,681 square feet and featuring a cozy fireplace, this 1.5-story home offers plenty of potential. Your new tenants or owner occupant buyers will love the spacious rooms and prime location near the beautiful O'Fallon Park. This property is an ideal buy-n-hold investment. The house is livable in its current as-is condition. But there is still an opportunity to add your own personalized upgrade finishes to increase the value. **Rehab Needs: LOW (basic cleanout/make-ready for rental or owner finance) ** Don't miss out on this great chance to invest in a growing area! P/L Numbers Rental Income: $1,500 /mo. Expenses: – Taxes – $32 /mo. – Insurance – $37 /mo. Net Profit: $1,431 /mo. Even when collecting below-market rent, this deal is a steal at > 35%+ ROI !!