OfferMarket

1424 Sulphur Ave, St. Louis, MO 63110, USA

$95,000

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Photos of the property

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Property Highlights

 

  • Size: 611 sqft single-family home with 1 bed, 1 bath + loft bonus area.

  • Structure: Frame construction with unfinished basement — potential rec room space!

  • Utilities: Municipal water and sewer, electric and natural gas.

  • Yard: Open yard with no fence.

  • HOA Fees: None.

Condition Light rehab needed to maximize value and rentability. Recommended updates include:

  • New roof.

  • Fresh flooring and paint throughout.

  • Drywall repairs and fixture replacements.

  • Skim coat/stain foundation and finish rec room area in basement for extra usable space.

  • Vacant and on lockbox — easy access for walkthroughs!

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Key Systems

 

  • Roof: ~30 years old (estimated).

  • HVAC: ~10 years old (estimated).

  • Electrical: ~20 years old (estimated).

  • Plumbing: ~10 years old (estimated). Mechanicals are reported to be in good working order.

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Investment Highlights

 

  • Wholesale Price: $95,000 (Buy Now: $99,500)

  • ARV: $155,000

  • Rehab Estimate: $17,500

  • Upside Potential: ~$42,500+ profit margin after light rehab!

  • Market Rent: ~$1,600/month

  • Exit Options: Flip, Rental, or BRRR strategy — each works!

  • With low rehab costs and strong rent comps, this Dogtown gem makes an excellent low-maintenance investment.

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Comparable Sales (Comps)

 

  • 1032 Tamm Ave – $204,000

  • 1029 Tamm Ave – $190,000

  • 6449 Plateau – $185,000

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All 1/1s with similar square footage. Subject property offers additional loft area and basement rec space potential for added value.

 

Additional Details

 

  • Occupancy: Vacant and ready to close by November 7, 2025.

  • Utilities: Currently off.

  • Access: Coordinate with owner for showing (lockbox available).

 

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