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About the Listing RMXR03 - SBHEISE
Rare investor opportunity in the heart of Skinker DeBaliviere! Priced $57,000 below the seller's original purchase price, this turn-key 2-bedroom, 1-bath condo offers immediate cash flow and substantial built-in equity. The interior unit suffered zero damage from recent storms and is 100% move-in/rent ready, previously commanding $1,400/month in rent. The complex is currently undergoing comprehensive exterior and roof repairs, fully funded by insurance. Due to ongoing repairs across the development, this condo is non-conforming to FNMA guidelines and requires a cash purchase. Per property management, conventional lender financing is anticipated to re-open once exterior work is completed—offering a prime opportunity for a future cash-out refinance. Selling strictly AS-IS. Minutes from Forest Park, Washington University, and the Delmar Loop. This property is also available for rent at $1450/month
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Microwave, Built-In Gas Oven, Refrigerator, Washer/Dryer, Gas Water Heater
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 840
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: City Lot
- Garage Capacity: N/A
- Roof: Flat
- Others:
- Sewer:
- Parking Features: Off Street,Secured
Financial Details
- Tax Amount: $1,906
- Taxes w/Assessments: N/A
- Tax/Property ID: 3875-18-0028-0
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
5677 Waterman Unit 32 St Louis, MO 63112
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