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4315 Wyoming renovation complete and For Sale

4315 Wyoming renovation complete and For Sale

The renovation of the 3 bed, 1.5 bath home at 4315 Wyoming (63116) is finally complete and is for sale at a new price of $132,500. This 1,332 square foot property, located in the Tower Grove South neighborhood of St. Louis, has been remodeled into a truly TurnKey property. That includes all the appliances you will need (even a washer & dryer), custom blinds, alarm system, and even a Home Warranty Policy.

The property is a fairly big 1.5 story home, by Tower Grove South standards at least, but the layout was not particularly ideal prior to construction. To remedy this, I decided to make the following changes: open up the wall between the kitchen and dining rooms, remove the enclosed porch in the rear into an actual part of the house with a laundry and half-bathroom, expand the full bath on the second floor, and rebuild the closets in the bedrooms to make them bigger and to make for better walls to place furniture against.

Now that the project is complete, the property includes the following:

  • Updated kitchen featuring quality granite counters and stainless microwave, refrigerator, gas stove, and dishwasher
  • Brand new Low-E, insulated windows; main floor laundry
  • Updated full bath upstairs and half bath downstairs
  • New furnace & AC
  • Updated plumbing and electric
  • New premium 4 inch maple hardwoods and porcelain tile on the first floor
  • Refinished original hardwoods on the second
  • Larger bedrooms have oversized walk-in closets
  • Main floor laundry, with stacked washer and dryer included
  • Custom blinds
  • Fresh paint and updated trim

This property is acting as the pilot for Threshold Properties new  marketing/development program for rehabbers, titled TurnKey Select, The idea of the the program is to streamline the rehabbing process for develops and investors, while making sure that the finished project is a quality product at a quality price. We think that goal has been reached with this quality rehab, in which no corners were cut, but the price is still affordable. Contact Owner/Broker Matt Kastner of Threshold Properties at mkastner@stlresociety.com or 314-332-1036 for more info.

View the picture gallery below for finished and construction progress pictures:

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Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn't representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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7 thoughts on “4315 Wyoming renovation complete and For Sale”

  • Andrew

    March 31, 2011 at 9:16 am

    Do you go after tax credits with these projects?

    Reply
    • Matt Kastner

      April 5, 2011 at 8:54 pm

      No tax credits. The good thing about this smaller homes is that you can usually buy them cheap enough to avoid them. Tax credits are great for some projects, but even if I could get them for a project like this, the restrictions and extra hassle would simply not be worth it.

      Reply
  • samizdat

    March 31, 2011 at 9:59 am

    Teh paneling, it burns!

    Reply
    • Matt Kastner

      April 5, 2011 at 8:54 pm

      Leaving the paneling actually. I’m bringing it back;)

      Reply
  • suitestl.com » Turn-Key Select streamlining rehabbing

    April 19, 2011 at 10:34 pm

    […] a few homes f&#959r myself (&#1072b&#959&#965t t&#959 &#1109t&#1072rt m&#1091 next project &#1072t 4315 Wyoming tomorrow), &#1072nd worked w&#1110th a number &#959f &#959th&#1077r investors during […]

    Reply
  • samizdat

    June 4, 2011 at 1:33 pm

    Painted brick. *sigh*. Oh, well.

    Reply
    • Matt Kastner

      June 8, 2011 at 7:05 pm

      Not a fan of that myself either, but when the brick is already painted, it simply costs too much to clean it off. I want the place to look it’s best, but if I don’t make money I won’t want to do another. Got to pick your poison.

      Reply

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