Single Family Fixer in East Saint Louis – Great Value Near St. Louis Metro

Full 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.