122 Watts St, Park Hills, MO 63601

$460,000
1,476
SqFt

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List Price
$460,000
Days on Market
21
MLS#
26052142
Status
ACTIVE
Living Sq. Ft
1,476
Lot Size
11,935
Acres
0.27
Year Built
1900
Subdivision
Town of Crawley
Municipality
Park Hills
County
St. Francois
Listing Type
Multifamily

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.

Additional Information

School District
Central R-III
Elementary School
Central Elem.
Jr. High School
Central Middle
Sr. High School
Central High
Cooling
Central Air, Electric
Heating
Electric, Forced Air
Water
Public
Selling Terms
Cash, Conventional

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Listing courtesy of Keller Williams Realty Platinum.

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