Kinloch Park Homes under $150,000

Kinloch Park Homes under $150,000

Welcome to Kinloch Park, a hidden gem nestled in the vibrant heart of St. Louis County, Missouri. This charming neighborhood boasts a rich tapestry of history and community spirit, making it an ideal place for families, first-time homebuyers, and anyone looking to embrace a welcoming atmosphere. With its tree-lined streets and friendly neighbors, Kinloch Park offers a sense of belonging that is often hard to find in today’s fast-paced world.

One of the standout features of Kinloch Park is its affordability. Homes in this area can be found for under $150,000, making it an attractive option for those seeking to invest in real estate without breaking the bank. Whether you’re in search of a cozy bungalow or a spacious family home, Kinloch Park has a variety of options that cater to diverse tastes and budgets. The potential for homeownership in this neighborhood is not only economically feasible but also a pathway to building a future in a close-knit community.

The neighborhood is conveniently located near essential amenities, including schools, parks, and shopping centers, ensuring that residents have everything they need within reach. Local parks provide ample opportunities for outdoor activities, while nearby schools contribute to a strong sense of community and education.

Kinloch Park is more than just a place to live; it’s a community where neighbors become friends and memories are made. If you’re looking for an affordable home in a warm and welcoming neighborhood, Kinloch Park may just be the perfect place for you to call home. Come explore the charm and possibilities that await you in this delightful St. Louis County enclave!

Newest Kinloch Park Homes under $150,000

6128 Washington Ave, St Louis
$64,900
3 Beds ⋅ 1 Baths ⋅ 26020101 MLS ⋅ ACTIVE Status
6128 Washington Ave in 63134 is a solid turnkey rental opportunity for any new or experienced investor. The property is currently occupied by a Section 8 tenant paying $1,295 per month, with the lease in place through 1/1/27. This property is part of an 8 home single family rental portfolio, and the seller would prefer to sell the portfolio together or in groups, though each home is also being offered individually. The portfolio is made up entirely of 3 bedroom houses, including six 3 bed 1 bath homes, one 3 bed 1.5 bath home, and one 3 bed 2 bath home. 6/8 houses currently occupied, with current rents totaling $8,140 per month. Once the two vacant units are leased, scheduled rents are projected to reach $10,640 per month. There is also additional upside as units turn, with pro forma rents projected to exceed $11,000 per month. Ownership and management have been hands on and proactive during their time operating the portfolio, with a focus on maintaining safe, solid housing and keeping the properties in good condition making this portfolio a true turnkey investment. Most of the tenants are Section 8, with one market rate tenant currently in place, providing stable income in a strong rental area. The properties are also located near one another, which helps from both a management and operational standpoint. This is a great opportunity for an investor looking to add quality rental doors to an existing portfolio, or for someone looking to get started with a well positioned group of income producing properties.

6128 Washington Ave, St Louis

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