122 Watts Street , Park Hills, MO 63601

$460,000
  • 122 Watts Street , Park Hills, MO 63601 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,476 MLS#26052142
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONTown of Crawley SCHOOLCentral R-III

Property Description

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.

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 davidnelson.redkeystlouis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air, Electric
Heating: Electric, Forced Air
Home Style: Traditional
Lot Size: 0.27 Acres
Taxes: $748
Year Built: 1900

Feature Descriptions

Appliances: Electric Range
Exterior: Unknown
Fireplace: None
Parcel#: 09-30-06-04-011-0003.00
SQFT. Above Grade: 1476
Water: Public

Local Schools

High School: Central High
Middle School: Central Middle
Elementary School: Central Elem.
School District: Central R-III

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Platinum

Shown By

Agent Name: David Nelson
Agent Phone: 314.352.5200
Agency Title: RedKey Realty Leaders

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Estimated Payment

$ 2,702.64 per month $2,506.14 Principal & Interest $62.33 Property Tax $134.17 Homeowner's Insurance

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David Ames, Sales Manager, NMLS #738479

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