For Sale

Listed by Tammy Derrigan from Worth Clark Realty

Source: Mid America Regional Information Systems, Inc. #26011159

8343 Strathmore Place, Jennings, MO, 63136

$76,000

2
1
1050 sq. ft.
3676.46 sq. ft.

SingleFam

30+ days on the market

What's around 8343 Strathmore Place

About this property

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.

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