| May. 2006 | |
| Insiders Guide Investment Spotlight: 32xx Winnebago | |
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| Property Address: | 32xx Winnebago Ave St. Louis, MO 63118 |
| Asking Price: | $154,900 |
| Comments: |
Did you miss out on the Benton Park boom? Now is the time to buy
in Gravois Park. Major renovations in the immediate neighborhood. Due west 2 blocks Pyramid Construction has a 26 lot new
construction single family development starting at 169,900.00 partially
sold out. 32xx Winnebago is over 2400 square feet and would be easy to rent to 3 or 4 graduate students or family. It has 4 possibly 5 bedrooms and a full bath on each floor. It was gut rehabbed in 2002 with a 200 amp panel, pvc plumbing and HVAC. It is shockingly beautiful inside - You will have your choice of renters! Email me and I'll send a report with comparibles to this property. |
| Estimated Value: | $154,900-164,900 |
| Did You Know? The South Side National bank built in 1928 is listed on the National register of Historic places and is one of the only high rise art deco buildings in St. Louis. The current renovation will house 13 condominiums, retail stores and possibly a restaurant. the cost for the expected renovation is expected to be approximately $8 million dollars. Visit southsidetower.net for information on the development and the surrounding area
Find out more:
call me at: 314.413.7086 Visit my updated web site: www.dawngriffin.com
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| CURRENTLY: Scheduled Rent: $13,200/year Plus: $500/yr. (possible from coin operated laundry in basement)
Insurance: $800
Debt Service (DS) (Principal & Interest): $9,893.28
Capitalization Rate: 7% Email me if you're interested in finding out more about this property or interested in seeing more like this. |
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All potential figures in this email are the best estimate for this property and are not guaranteed.
As with any investment, buyer risk is involved.
Dawn Griffin
dawn@dawngriffin.com
http://www.dawngriffin.com
314.413.7086