2716-2718 Sullivan Ave, Saint Louis, MO 63107

$64,500 • 6 Beds / 4 Baths • 2,992 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 6
  • 4
  • 1904
  • 2992
  • 2992

Description

WHOLESALE DUPLEX – CASH FLOW + EQUITY PLAY

📍 2716–2718 Sullivan Ave, St. Louis, MO 63107

🏘 Duplex | 2 Units

Unit Breakdown (Each Unit):

  • 3 Bedrooms | 1.5 Bathrooms
  • Strong rental layout with separate utilities

Current Rents (Month-to-Month):

  • Updated unit: $950/month
  • Value-add unit: $650/month
  • Upside with rent increases after light updates

Recent Improvements:

  • Newer roof
  • Updated furnace / mechanical systems

Investment Highlights:

  • Cash-flowing with equity upside
  • Month-to-month leases = flexibility
  • Located in an upcoming area
  • Minutes from NGA St. Louis redevelopment
  • Ideal for buy-and-hold or portfolio add

Terms:

  • Sold as-is
  • Cash or hard money preferred
  • Buyer pays all closing costs
  • Non-refundable earnest money required
  • Fast close preferred

COMPS:

  • 3023 Bailey Ave Saint Louis 63107 - SOLD 2/25 for $290k 4BD, 5 BA 2790SQFT
  • 3803 ASHLAND AVE SAINT LOUIS 63107 - SOLD 3/25 for $240k 5BD, 3 BA 2800 SQFT

Photos:

https://photos.app.goo.gl/BN8HMTHZAp1guvoT7

📞 Serious investors only

Estimated Spread

  • ARV $160,000
  • Price $64,500
  • Spread $95,500

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