$10,000
$15,000
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535 Fassen ST St Louis, MO 63111
1,900 SqFt
Key Details
Sold Price $10,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $5
Subdivision Carondelet Common
MLS Listing ID 26049281
Sold Date 09/09/26
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
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Bought with Edmilson Yaxcal
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