Multi-Family for Sale: 5848 Kennerly Avenue, St Louis, MO 63112

3,600 sqft
$360,000
$360,000
5848 Kennerly Avenue, St Louis, MO 63112
3,600 sqft
$360,000
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Price:
$360,000
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Type Multi-Family
Square Footage 3,600 sqft
Year Built 1928
Assoc Fee Paid None
Taxes Paid $384
City St Louis
County St Louis City
School District St. Louis City
Subdivision Hamilton Heights
MLS 24065303
Status Active
DOM 37 days
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.

Room Features

Misc Description Basement, Fencing, Laundry Facility in

Lot & Building Features

Appliances Some Range Oven(s), Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s)
Assoc Fee Paid None
Construction Brick
Cooling None
Heat Source Gas
Heating Forced Air
Parking Description Additional Parking, On Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 42 x 127 ft

Community and Schools

Elementary School Laclede Elem.
Junior High School Laclede Elem.
Senior High School Sumner High

Price History of 5848 Kennerly Avenue, St Louis, MO

Date Name Price Difference
10/18/2024 Listing Price $360,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Dennis Montgomery
Dennis Montgomery
REALTOR®
Direct: 636-697-6622
Office
830 Waterbury Falls Dr # 201
O'Fallon, MO 63368
636-442-0214
Listed by Magnolia Real Estate, John Laughlin
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5848 Kennerly Avenue (MLS #24065303) is a multi-family listing located in St Louis, MO. This property was listed on 10/18/2024 and has been priced for sale at $360,000.

Nearby zip codes are 63113, 63115, 63120, 63121 and 63133. This property neighbors other cities such as Hillsdale, Normandy, Northwoods, Pine Lawn and Velda City.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Magnolia Real Estate

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