122 Watts Street
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $460,000 |
| Year Built: | 1900 |
| Lot Size: | 1,476.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 5 |
ID: 3yd-MARISMO-26052142
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