6-Plex Rental Property | 401 Kentucky St
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6-Plex Rental Property 401 Kentucky St
6 Unit Apartment Building $70,958 CAD ($11,826 CAD/Unit) 1% Cap Rate Louisiana, MO 63353
Investment Highlights
- Unique Investment Rehab Opportunity
- 6-Plex in High Rental Area
Executive Summary
Discover a unique investment opportunity with this property, once the residence of John B. Henderson, an attorney and also a notable U.S. Missouri Senator during the Civil War. This property boasts six bedrooms and six bathrooms, and has a proven track record as a six-plex rental property but needs your rehab touch. With some work, it can be restored, providing solid income returns as a rental or make it your own—ideal for investors and rehabbers looking to capitalize on the local market or those looking for a fix-n-flip deal. Imagine revitalizing the six spacious units, each with its own character, while preserving its original charm. Don’t miss this chance to own a piece of history with fantastic future prospects.
Financial Summary (Pro forma - 2021) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$40,747
|
$10.54
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$40,747
|
$10.54
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,827
|
$0.47
|
| Net Operating Income |
$38,921
|
$10.07
|
Financial Summary (Pro forma - 2021)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $40,747 |
| Annual Per SF | $10.54 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $40,747 |
| Annual Per SF | $10.54 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $1,827 |
| Annual Per SF | $0.47 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $38,921 |
| Annual Per SF | $10.07 |
Property Facts
| Price | $70,958 CAD | Apartment Style | Single Family Home |
| Price Per Unit | $11,826 CAD | Building Class | F |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 1% | Building Size | 3,866 SF |
| Gross Rent Multiplier | 1.7 | Average Occupancy | 0% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1890/1981 |
| Property Subtype | Apartment |
| Price | $70,958 CAD |
| Price Per Unit | $11,826 CAD |
| Sale Type | Investment |
| Cap Rate | 1% |
| Gross Rent Multiplier | 1.7 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | F |
| Lot Size | 0.19 AC |
| Building Size | 3,866 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1890/1981 |
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+5 | 6 | $568.80 CAD | - |
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zoning
| Zoning Code | Multifamily (Multifamily/residential neighborhood close to local amenities.) |
| Multifamily (Multifamily/residential neighborhood close to local amenities.) |
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6-Plex Rental Property | 401 Kentucky St
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