John J. Laughlin
This listing was posted on RealtyWW.
$360,000
Kennerly Ave, Saint Louis, Home For Sale
Price:
$360,000
BR/BA:
10+ BR, 4 BA
Location:
5848 5854 Kennerly Ave, Saint Louis, MO
Description:
Investor Opportunity: Well-maintained, income-generating 4-family property, 3/4 occupied shotgun style units, with one unit vacant for showings. The seller will assist in finding a tenant for the vacant unit, providing a seamless transition for the buyer. This turnkey investment delivers immediate cash flow with an impressive 11.3% cap rate, exceeding the 1% rule. Recent upgrades include new water heaters, plumbing lines, fixtures, and furnaces, minimizing maintenance costs. Each unit features updated kitchens, bathrooms, and flooring, with a washer/dryer hookup in the basement for tenant convenience. Located near parks, public transportation, and University City, ensuring strong rental demand. This property provides reliable cash flow from day one, making it a smart, long-term addition to any investment portfolio.For more details: https://realtyww.info/homes_saint-louis-d523904/for-sale_i77071497
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