2228 Lovett Drive, St Louis, MO 63136

$80,000 Asking Price

3 beds
1 bath
1,150  sqft
Built in 1954

This property offers a great opportunity for an investor seeking to, renovate, buy & hold. The property requires some elbow grease. Due to lack of temperature control through multiple seasons, a majority of the wood floors need replacing. Multiple exit strategies exist here: 1) Fix and lease, 2) fix and lease with an option to buy or 3) an opportunity exists for an owner occupant buyer to purchase it and use FHA Renovation loan funds to create your perfect place to call home! Buy low and sell high or buy low and let the tenants pay your mortgage, that's the name of the game. Three bedroom homes are now renting at $1,300+/month. Show me your tool box and I'll show you the money! Close to Hwy's 270 and 367 and public transportation.

Features & Amenities

Interior

General:
Open Floorplan, Some Wood Floors
Dining:
Dining/Living Rm Cmb
Basement:
Full, Concrete, Unfinished
A/C:
Electric
Heating:
true, Forced Air
Fireplace:
Fireplaces: 0

Exterior

Style:
Traditional
Parking:
Covered, Off Street

Construction

Windows:
Some Insulated Wndws
General:
One

Location

Originating MLS:
maris
School District:
Riverview Gardens
County:
St Louis

Lot

Zoning:
11F-12-0281

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
maris
Ownership:
Private

This listing courtesy of:
Elevate Realty, LLC

About Saint Louis, MO

Housing

Number of Units
443,445
Median Home Value
$231,178
Median Rent
$791

43.82% of housing units are renter occupied.

12.07% are vacant.

Commute

Car
66.93%
Public Transportation
3.45%
Walk to Work
2.14%
Work from Home
26.34%
Other
0.71%

The median travel time to work is 19 minutes.

People

Population
893,179
Median Age
39.50
Median Household Size
2.40

Education

High School
22.64%
Associate’s Degree
7.10%
Bachelor’s Degree
22.93%
Graduate Degree
19.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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