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122 Watts Street

Park Hills, MO 63601

Property Overview
Price: $460,000
City: Park Hills
County: St. Francois
Sale/Lease: Sale
Status: Active
MLS Number: 26052142
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.
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Wendy Schulze
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Listing Brokered by Keller Williams Realty Platinum
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