OfferMarket

Teal Ave, St. Louis, MO 63133, USA

$64,900

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šŸ  Investment Opportunity ā€“ Teal Avenue, St. Louis, MO 63133

Property Type: Single-Family Residence
Beds / Baths: 2 Bedrooms / 1 Bathroom
Living Area: ~800 Sq Ft
Year Built: 1948
Construction: Brick
Occupancy: Vacant at Closing

šŸ“ Property Overview

This classic brick single-family home on Teal Avenue presents a solid Fix & Flip or Buy & Hold opportunity in an active St. Louis investment corridor. The property offers a simple, functional layout that keeps renovation costs manageable while supporting strong rental demand or resale appeal once updated.

With a full basement, detached garage, and hardwood floors, this home has the fundamentals investors look for when targeting long-term durability and value-add potential.

šŸ› ļø Condition & Systems

  • Roof: Estimated 4ā€“10 years old

  • Foundation: Full basement ā€“ good condition

  • HVAC: Central AC in good condition

  • Electrical Panel: Good condition

  • Plumbing: Good condition

  • Furnace: Older (20+ years)

  • Water Heater: Older

The property is classified as light rehab, with primary improvements expected around mechanical updates and cosmetic refresh.

šŸš— Exterior & Features

  • Solid brick exterior

  • Detached garage

  • Hardwood flooring

  • Full basement for storage or future value-add

  • Simple layout keeps rehab efficient

šŸ’” Investment Potential

  • Ideal for buy-and-hold investors seeking durable brick construction

  • Strong candidate for a light flip with mechanical upgrades and cosmetic improvements

  • Vacant delivery allows immediate renovation or tenant placement

  • Manageable square footage keeps holding and rehab costs low

šŸ”‘ Exit Strategies

  • Fix & Flip: Update systems, refinish floors, modernize kitchen/bath

  • Buy & Hold: Light rehab + rental placement for steady cash flow

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