145 Coil Fenton, MO 63026

Here is an opportunity to own a portfolio of properties in Fenton, MO that includes a quadplex (listed here) along with a duplex and two building lots that are all adjacent to each other and located about 3 miles from Rt. 141 and Hwy 44 in Fenton, 63026. These are in Jefferson County but are just a few streets away from the St. Louis County line so they are off the radar of most St. Louis investors. The package is priced at $320,000 and includes this $170,000 quadplex with a monthly rent of $3175, a $75,000 duplex with a $1175 monthly rent plus two building lots priced at $37,500 each. The quadplex has over a 10% cap rate and the duplex has over a 9% cap rate allowing for taxes, utilities, insurance, 5% vacancy, 10% maintenance, and 8% property management. The properties are fully leased with leases that have rolled over to MTM leases on all but one unit. Please see the pdf brochure in the document section for additional details, maps and photos.