2228 Lovett Dr, St Louis, MO 63136

$65,000
3
BD
1
BA
1,150
SqFt

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Sold Price
$65,000
List Price
$69,900
Closing Date
Dec 20, 2024
Days on Market
50
MLS#
24059914
Status
CLOSED
Bedrooms
3
Full baths
1
Living Sq. Ft
1,150
Lot Size
7,083
Acres
0.16
Year Built
1954
Subdivision
Hathaway Meadows 3
Municipality
Moline Acres
School District
Riverview Gardens
County
St. Louis
Listing Type
Single Family Residential
Property Type
Traditional, Ranch
Style Description
Traditional, Ranch

Property Description

This property offers a great opportunity for an investor seeking to, renovate, buy & hold. The property requires some elbow grease. Due to lack of temperature control through multiple seasons, a majority of the wood floors need replacing. Multiple exit strategies exist here: 1) Fix and lease, 2) fix and lease with an option to buy or 3) an opportunity exists for an owner occupant buyer to purchase it and use FHA Renovation loan funds to create your perfect place to call home! Buy low and sell high or buy low and let the tenants pay your mortgage, that's the name of the game. Three bedroom homes are now renting at $1,300+/month. Show me your tool box and I'll show you the money! Close to Hwy's 270 and 367 and public transportation.

Additional Information

Elementary School
Meadows Elem.
Jr. High School
R. G. Central Middle
Sr. High School
Riverview Gardens Sr. High
Parking Description
Covered, Off Street
Basement Description
Full, Concrete, Unfinished
Lot Description
Near Public Transit
Appliances
LP Gas Water Heater
Cooling
Central Air, Electric
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Elevate Realty, LLC. Selling Office: Blue Key Realty, LLC.

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