Single Family Fixer in East Saint Louis – Great Va...

Closing time upcoming

Single Family Fixer in East Saint Louis – Great Va...

Govdeals Realestate · realestate

Status
Closing time upcoming
Seller / agency
Pitman Realty LLC - Real Estate Remarketing, NY
Location
East Saint Louis, Illinois, USA
Source-reported current bid
15,888 (currency not supplied)
Closing time
Condition
Used
Source listing ID
178-25752

Source-published description

5427 Rosemont Ave, East Saint Louis, IL 62204 – Affordable Single-Family Rehab with Cash Flow Potential. 2–3 Bedrooms | 1 Bath | Strong Rental Market | Easy Access to St. Louis. Located in a central pocket of East Saint Louis, this single-family home offers a great value play for investors seeking strong rental yield or long-term appreciation. With 2–3 bedrooms, a manageable layout, and close access to city infrastructure, this property is ideal for rehab and rental conversion. ✨ Property Highlights:. 🛏 2–3 Bedrooms. 🛁 1 Bathroom. 📍 Quiet residential street near schools and city services. 🏠 Compact home ideal for rental portfolio or first flip. 🔧 Needs full rehab – utilities and structure to be evaluated. 🚗 Street parking, walkable area, minutes from downtown St. Louis. 📈 Comparable Sales in the Area:. 5504 Piggott Ave – Sold for $52,000 (3 Bed / 1 Bath). 5411 Trendley Ave – Sold for $48,000 (2 Bed / 1 Bath). 2127 Bond Ave – Sold for $46,000 (2 Bed / 1 Bath). 🌆 Why East Saint Louis? East Saint Louis remains one of the top cash-flowing rental markets in the Metro East region, with investor-friendly pricing and proximity to the St. Louis metro. Key advantages include:. Low entry prices and high cap rates. MetroLink and highway access to downtown STL. Eligible for Section 8 programs and city redevelopment incentives. Reinvestment initiatives and regional infrastructure funding underway. This is a no-brainer for value-seeking investors ready to put in the work and extract long-term returns. 5427 Rosemont Ave is your next affordable project with big rental upside.

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