starter home

Sold – c.1913 Updated Starter Home in Saint Louis, MO Under $40K

5815 Hodiamont Ave, Saint Louis, MO 63136.   $39,999 Sold

 

OHU50K NOTES

Off street parking.

 

 

 

REALTOR COMMENTS

This home is 1.5 story and is ready for its new owner. This home features 2 bedrooms and 1 bathroom with a bonus room that can be used as an extra bedroom.  Main Floor Laundry. Covered Porch. This property would be perfect for an investor looking to expand their portfolio. Located close to major thoroughfares. Be the first to schedule a showing. Property to be sold in its current as-is condition. Seller will not do any repairs nor provide any inspections.

4 Comments

  • Dorothy

    I don’t understand this ‘seller will not do any repairs or provide any inspections’ I see so often on the properties listed for sale here. The buyer has to get an inspection for their mortgage lender to be satisfied; at least, that is how it was when I sold my house last summer.
    It almost sounds like they are mad you would even think of having an inspection done? I would not buy a house without having it inspected, but this house looks to me to be in fine shape.
    Also, I see a lot of ‘cash only’ and I just wonder what people are thinking? If you obtain a mortgage, the seller gets paid, and you make the monthly payments. Isn’t that the way it’s done?

  • Andrew Leff

    @ Dorothy – It doesnt say that YOU can’t do inspections. It just means they’re not willing to haggle.

  • PD Northup

    Cash Only typically means they do not think that the property is in good enough shape to be used as colladerial, goes along with there inital buyer wont supply home inspection. You would certainly be advised to have the home inspected before submitting an offer. On this property there has to be a reason for this price, maybe the neighborhood, it is in St Louis, which given the wrong neighborhood could be a very bad place to live.

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