2 Bed 1Bath Single Family Home • Located in Saint ...

Source-published description

Investor Opportunity – Studio-Style Rehab. 2316 Elco Ave, Saint Louis, MO 63114. This studio-style brick property is ready for its next owner to complete the renovation. Much of the initial cleanup and demolition work has already been completed, allowing the next investor to move directly into planning and rebuilding. Property Features. Approximately 724 square feet. Open studio-style layout. One bathroom. Solid brick construction. Exterior-access lower level with convenient access to plumbing and utilities. Ready for renovation. Work Already Completed. Property completely cleaned out. Interior largely gutted and prepared for renovation. Rear addition removed, creating a cleaner and more functional footprint. Yard cleaned. Initial contractor evaluations completed to help identify the scope of the project. Whether you’re looking for a renovation project, rental investment, or value-add opportunity, this property offers a clean starting point for the next phase of development. Auction Information. Auction is for 100% ownership of the property. Seller will convey title by Quitclaim Deed. Buyer Costs. Winning bid. $400 document preparation fee. 12.5% buyer’s premium. Property taxes are current. Buyer will be responsible for taxes beginning in 2027. Buyers are encouraged to perform their own inspections and due diligence prior to bidding. Recent Comps:. 3329 Dix Ave, St. Louis, MO 63114 – $130,000. 1944 Korando Ave, St. Louis, MO 63114 $159,000. 8305 Garfield Ave, St. Louis, MO 63114 $104,900