122 Watts Street

About this home

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.

Property details

County

St. Francois

Subdivision

Town of Crawley

Lot size

0.274 acres

Days on market

2

Annual taxes

$748

Heating

Electric, Forced Air

Cooling

Central Air, Electric

Basement

Crawl Space

Appliances

Electric Range

Fireplaces

1

Style

Traditional

Schools

School district

Central R-III

Elementary

Central Elem.

Middle

Central Middle

High

Central High

Location