5848 Kennerly Avenue
$360,000
—
3,600
3,600
$100
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...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.
- Listed by John Laughlin • Magnolia Real Estate
Amenities
- Basement
- Forced Air
- Parking Included
- Street Parking
LISTING UPDATED: 10/19/2024 11:46 AM
Property Details for 5848 Kennerly Avenue
Status | Active |
---|---|
MLS # | 24065303 |
Days on Market | 60 |
Taxes | $384 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family 2-4 |
Year Built | 1928 |
Lot Size | - |
County | St. Louis Independent City |
Building Information for 5848 Kennerly Avenue
Stories-Residences-Year Built1928Building Size-Lot Size-
Property Information for 5848 Kennerly Avenue
Property History for 5848 Kennerly Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5848 Kennerly Avenue
Taxable ValueLand$290Additions$3,670Total$3,960
Tax Record2020$351 ($29 / month)
Home Facts
Baths4Total Finished SqFt3,604 SqFtAbove Grade Finished SqFt3,604 SqFtStories2Lot Size5,491 SqFtStyleQuadraplexYear Built1928Year Renovated1928ZoningCCountySAINT LOUIS CITYAPN55520001300
Schools near 5848 Kennerly Avenue
This home is within St. Louis City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Laclede Elementary School PublicPK to 8 | ||
Sumner High School Public9 to 12 | ||
Langston Middle School Public6 to 8 | ||
Ford-Ford Br. Elementary Community Ed. PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.