Since my office is just a couple miles from UMSL, I get a lot of calls from students & staff looking for cheap housing near the university. Most of them want to rent, but in this market and this location, it makes so much more sense to buy.
Take this cute little bungalow in Normandy…
Built in 1938, it’s within walking distance of the main campus and the UMSL North Metrolink station, not to mention a county library and the Wayside Community Garden. It does need some spiffing up and it’s only 960 square feet, but it’s also selling for just $18,000!!
I was in this house last December for an estate sale, and it has such great potential. Yes, the floors need to be redone and the whole place needs a good thorough cleaning, but that’s easily fixable.
You’re still left with a nice house in a very convenient location.
An did I mention there’s a cool vintage bar in the basement?
There’s also a covered patio that could be perfect for entertaining.
The only catch: this is a cash-only sale. But if you can find a way to swing it, it sure would cost less than living in the dorms! Buy it now & get it fixed up in time for the fall semester!
Listing courtesy of Patrice TenBroek, RE/MAX Results, (314) 781-7777. More photos and info available here.
If you’d like a buyer’s agent to show you this bargain-priced vintage house, which has 2 bedrooms & 1.5 baths, give me a call!