St Louis, MO 63112,5848 Kennerly AVE
St Louis, MO 63112,5848 Kennerly AVE
St Louis, MO 63112,5848 Kennerly AVE
St Louis, MO 63112,5848 Kennerly AVE
St Louis, MO 63112,5848 Kennerly AVE
St Louis, MO 63112,5848 Kennerly AVE
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$ 360,000
Est. payment | /mo

3,600 SqFt


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$ 360,000
Est. payment | /mo
Save

3,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $100

Subdivision Hamilton Heights

MLS Listing ID 24065303

Construction Status 96

Year Built 1928

Building Age 96

Lot Dimensions 42 x 127

Property 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.

Location

State MO

County St Louis City

Area Central West

Interior

Heating Forced Air

Cooling None

Fireplace N

Appliance Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s)

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 96

Schools

Elementary Schools Laclede Elem.

Middle Schools Laclede Elem.

High Schools Sumner High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, FHA

Listing Terms Cash Only, Conventional, FHA

Special Listing Condition None

Listed by John Laughlin • Magnolia Real Estate
agent-avatar

+1(417) 650-5364

ramseystewart1@gmail.com

716 N 22nd St, Ozark, MO, 65721

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