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8343 Strathmore Place

Jennings MO 63136

2
1
1050 sq. ft.
3676.46 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Investors, this one's for you! This brick bungalow offers 1050 sf of living space with 2 bedrooms, 1 bathroom, living room, true dining room, kitchen, bath, full basement, and off-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The roof is brand new, with warranty!  The property is newly rented (April 1) at $1125. Using that figure, gross annual income would be 13,500.  Seller's annual taxes, insurance, and sewer expenses total 2,989; with a pro forma $500 for maintenance, that's an NOI of 10,551, which is a 12.67% cap rate at asking price.  Have a look, make your offer, and let the cash flow begin.

Features

2 bedrooms
1 bathroom
1050 sq. ft. floor area
3676.46 sq. ft. lot size
Single-Family

Happy sellers in Jennings

94%
94% of sellers in Jennings reported that their sale price either exceeded or met their price expectations.

Jennings stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Jennings over the last 12 months.

Local market activity for 2 bedroom single-family properties in Jennings

In the last 12 months, 171 two-bedroom single-family properties similar to 8343 Strathmore Place, have been sold.

This represents a 32% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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