Park Hills Portfolio Rental Package ? 4 Homes | Turnkey Investment Opportunity Expand your investment portfolio with this four-property rental package in Park Hills, Missouri. Offered as a single portfolio, this package provides immediate cash flow with three homes already occupied by long-term tenants and one vacant home ready for its next tenant. Current rental income totals $2,672 per month from the three occupied properties: 122 Watts St: Leased at $1,000/month; 5 Pratt St: Leased at $822/month; 140 N Large St: Leased at $850/month. The fourth property, 105 S Shaw St, is currently vacant and was most recently rented for $1,015/month, providing an excellent opportunity for a new owner to lease at market rent while maintaining flexibility. At full occupancy, the portfolio generates $3,687 per month or $44,244 annually in gross rental income. Priced at $460,000, the package is being offered based on an approximate 7.5% cap rate. A complete rent roll and supporting financial information are available so buyers can review the income stream and understand exactly what is included in the portfolio.
Listed By
Agency Name: Keller Williams Realty Platinum
Shown By
Agent Name: Julia Moore
Agent Phone: 616.264.2904
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 2,702.64 per month $2,506.14 Principal & Interest $62.33 Property Tax $134.17 Homeowner's InsuranceCONTACT DETAILS
16123 Chesterfield Parkway West
Chesterfield, MO 63017
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122 Watts Street | MLS# 26052142
This multi-family property located at 122 Watts Street, Park Hills, MO 63601 is currently listed for sale with an asking price of $460,000. Watts Street is located within the Central R-III school district. Search Park Hills real estate on juliamoore.redkeystlouis.com today.