VALUE-ADD INVESTMENT OPPORTUNITY IN SALEM! Attention investors, landlords, and rehabbers! This value-add property offers strong income-producing potential and multiple exit strategies. Currently configured as a 3-bedroom, 1 & 1/2-bath home, the layout presents the opportunity for a duplex conversion or multi-unit rental with separate front and rear entrances for each side.Located on a quiet street within the Salem R-80 School District, this property is ideal for investors seeking a fix-and-flip, BRRRR strategy, long-term rental, house hack, or cash-flowing addition to an existing portfolio. With solid square footage and a functional layout, this property is ready for renovation and repositioning.The detached shed/garage provides additional storage space for tenants, equipment, tools, or workshop use, adding further value to the property.Property Highlights: Value-add investment Potential duplex or multi-family income opportunity Separate entrances for each side Rental income potential Fix-and-flip opportunity BRRRR investment candidate Cash-flow potential Detached shed/garage In-town location near amenities Quiet residential streetBring your contractor and vision, properties with this much upside and investment potential don't come along often. Sold as-is.
Listed By
Agency Name: Acar Real Estate, Inc
Shown By
Agent Name: Holly Even
Agent Phone: 314.616.9431
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 415.27 per month $367.75 Principal & Interest $27.83 Property Tax $19.69 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
1008 E Mondy Street | MLS# 26036207
This multi-family property located at 1008 E Mondy Street , Salem, MO 65560 is currently listed for sale with an asking price of $67,500. E Mondy Street is located within the Salem R-80 school district. Search Salem real estate on www.discoversaintlouishomes.com today.