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3627 Louisiana Ave, St. Louis, MO 63118 - Turnkey SFR
2 BR, 1 BA, 1245 SF Turnkey Investment Property in South St Louis City near Gravois Park. Rental Income is $9000 per year. Annual expenses (taxes, insurance, property management) $1900. This is a 13% Cap rate investment with a 1.4% rent to price ratio. The home is completely renovated with beautiful wood floors, updated kitchen and bath, new windows, roof repairs, and privacy fence in the back yard. This home has finished family room in the basement, and a sun room that sits off the kitchen. Amenities include central air, and washer / dryer hookups. The property is occupied and professionally managed.
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