3010 Kemp Drive

About this home

Investor opportunity with strong upside! Whether you're looking for your next BRRRR project or a profitable fix-and-flip, this property offers the value add potential investors are searching for. Featuring over 1,100 square feet, 3 bedrooms, 1 bath, a full basement, and solid construction, this home provides an excellent foundation for the new owner. Comparable renovated homes in the area demonstrate strong ARV, while market rents support an attractive long term rental strategy for buy and hold investors. The property was previously rented at $1,400 per month! Section 8 rents could be even higher in the area. A 3/1 down the street is renting for $1500 with Section 8. The home will need an AC unit, kitchen plumbing stack, and some chimney work which is in the listing photos. The home is priced with these repairs in mind. The inside of the house is charming, clean, and move in ready. The basement offers additional space for your creativity. Property is being sold AS IS. Seller to make no repairs, inspections, or warranties. Schedule your showing today!

Property details

County

St. Louis

Subdivision

Velda Village Hills

Lot size

0.0977 acres

Garage spaces

0

Days on market

41

Annual taxes

$1,045

HOA fee

$0

Heating

Forced Air, Natural Gas

Cooling

Central Air

Basement

8 ft + Pour, Partially Finished

Appliances

Free-Standing Electric Oven, Refrigerator

Flooring

Hardwood, Luxury Vinyl

Fireplaces

0

Style

Historic

Schools

School district

Normandy

Elementary

Barack Obama Elementary School

Middle

Barack Obama Middle School

High

Normandy High

Location