535 Fassen ST, St Louis, MO 63111
535 Fassen ST, St Louis, MO 63111
535 Fassen ST, St Louis, MO 63111
535 Fassen ST, St Louis, MO 63111
535 Fassen ST, St Louis, MO 63111
535 Fassen ST, St Louis, MO 63111
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$ 15,000
Est. payment | /mo

1,900 SqFt


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$ 15,000
Est. payment | /mo
Save

1,900 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $7

Subdivision Carondelet Common

MLS Listing ID 26049281

Style Apartment Style

Year Built 1913

Annual Tax Amount $792

Lot Size 2,243 Sqft

Acres 0.0515

Property Sub-Type 2-4 Units

Property Description

Calling all investors and rehab specialists! If you're looking for a true value-add opportunity at an exceptionally low price, this fire-damaged duplex deserves a look.

Formerly configured as two 1-bedroom, 1-bath units with rear kitchens, the second-floor unit featured a private front bedroom, while the first-floor unit included a walkthrough bedroom. This is a full rehabilitation project, offering the chance to reimagine and restore the property to its potential.

Located on a quiet one-way street where renovation activity continues to gain momentum, this property offers the chance to create value in a growing pocket of the neighborhood. According to Rentometer, the average rent for a 1-bedroom, 1-bath unit within 0.75 miles is approximately $745, with the 75th percentile at $846.

Whether you're looking for your next flip or a long-term addition to your rental portfolio, bring your vision, your contractor, and your imagination to transform this property into a productive investment once again.

Sale is as-is, with seller to do no repairs. Utilities will not be turned on for inspections. Cash offers preferred.

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Unfinished, Walk-Out Access

Interior

Heating Natural Gas

Cooling Window Unit(s)

Fireplaces Number 2

Fireplaces Type Living Room

Fireplace Y

Exterior

Parking Features false

View Y/N No

Building

Story 2

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Woodward Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional, Other, Private

Listing Terms 1031 Exchange, Cash, Conventional, Other, Private

Special Listing Condition Listing As Is

Listed by Tammy Derrigan • Worth Clark Realty

Nearby Locations

Always here to assist. Let's connect!

Rhonda Fischer
Rhonda Fischer

REALTOR, since 1990

+1(636) 578-7253 | rhonda@fischerfamilyhomes.com

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535 Fassen ST