Property Description

EXPERIENCED REHABBERS: Here's your chance to transform a blank 2,560 sqft canvas in the heart of Tower Grove East, on the same block and walkable to Riley's Pub. This property is currently zoned as a two-family but was previously opened up to make a single-family residence, giving you multiple redevelopment options. The interior has already been cleaned out and substantially demoed, with no remaining systems or utilities, allowing you to design and build from the ground up without spending time or money on additional tear-out. Restore it as a stunning duplex, create a spacious single-family home, or pursue the layout that best fits your investment strategy. Oh, but what stays? Tons of exposed brick, beautiful windows and wood work and four fireplaces/mantles that you could choose to service and make operational! Tax credits should be a possibility for this project (but please make your own evaluation, we are not the authority nor the expert. Opportunities this clean and ready for redevelopment in Tower Grove East are increasingly difficult to find. The property is being sold AS IS, and the seller is looking for experienced investors who can make strong, straightforward offers and close quickly.No utilities are on, new water service had been installed in recent years, there is no functioning plumbing, electric, HVAC or other items inside the property. Absolutely NO seller financing or creative offers will be considered, so save us all some time and bring your all cash, hard or private money backed offer.Helpful information (please use your own contractor for determining accuracy of these remarks, neither realtor or owner are qualified contractors and simply providing areas for your review): - There are 4 non functioning fireplaces in great condition- 2 pocket doors in great condition as well as some woodwork - Windows were replaced in 2005 and are in decent condition - A gutter issue at the back of the property and small roof leaks have caused mild water damage on the back wall, requiring tuckpointing, we beleive that the majority of damage inside was to tongue and groove flooring and a few joists at the back of the property on the second floor. - Seller reserves the right to exclude bricks and shelving in the garage and intends to remove them prior to closing, but does not guarantee they will be removed. The remainder of contents in the garage will largely remain in place at closing.- NOTE: Tour at your own risk - no major problems but exercise caution!! While in the property please use the front stairs to access the basement, as there are two missing stairs in the back entrance. s well there are a couple small places near the water damage where you should exercise caution not to step in a hole or floor. The basement door is secured as well as others so please access the back yard by going around the house by the front..

Property Features

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