5848 Kennerly Avenue
St Louis, MO 63112
- – beds
- – baths
- – sqft
- 1928 build
- – on site
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.
Last checked:
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Last updated Nov 12, 2024
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MLS# 24065303 —
The Building
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Year Built:1928
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Construction Materials:Brick
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Above Grade Finished Area:3600
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Above Grade Finished Area Source:Public Records
Financial & Terms
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Price Per SqFt:100.00
The Property
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Parcel Number:5552-00-01300
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Property Type:Residential Income
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Property Subtype:Multi-Family 2-4
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Lot Size Dimensions:42 x 127
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Lot Size Source:County Records
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Water Source:Public
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Driveway:Concrete
Listing Agent
- Contact info:
- Agent phone:
- (636) 442-0214
- Office phone:
- (636) 442-0214
Taxes
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Tax Year:2023
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Tax Annual Amount:384
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Tax Legal Description:C. B. 5552 KENNERLY AVE 42 FT X 127 FT 6 IN HAMILTON HEIGHTS ADD BLOCK 2 LOT 51 W-50
The Listing
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Disclosures:Unknown, Agent Owned, Flood Plain No, Occupancy Perm Req, Sellers Discl. Avail
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Special Listing Conditions:None
Heating & Cooling
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Cooling:None
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Heating:Forced Air
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Heating:true
Utilities
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Sewer:Public Sewer
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Propane Tank:None
Appliances
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Appliances:Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s)
Schools
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Elementary School:Laclede Elem.
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Middle Or Junior School:Laclede Elem.
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High School:Sumner High
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High School District:St. Louis City
The Community
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Subdivision Name:Hamilton Heights
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Neighborhood:Wells Goodfellow
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Association Fee Frequency:None
Parking
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Attached Garage:false
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Parking Features:Additional Parking, On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/18/24
Oct 18, 2024
|
Listed / Active | MARIS | $360,000 | 800.0% (160.9% / YR) |
|
10/29/19
Oct 29, 2019
|
MARIS | $40,000 |
