I recently saw this home on the Benton Park West website, and thought that the contractor did a great job rehabbing this home. If you weren’t aware, this area is experiencing a huge influx of rehab projects throughout.
LRA (city owned) properties are great investment opportunities for those seeking to use historic tax credits. Historic Tax Credits allow investors to earn back up to 45% of qualifying rehab expenses to make large profits off of these homes. Not only are you improving St. Louis neighborhoods, but you are getting in on an investment with returns that are only increasing. If you want to learn more about how this works, mosey here. I located this listing on Zillow if you are interesting in it.