4833 Penrose St

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💰 INCOME MACHINE IN ST. LOUIS – TURNKEY DUPLEX!
📍 4833 Penrose St, St. Louis, MO 63115

🛏 Beds: 4 (2 per unit)
🛁 Baths: 2 (1 per unit)
🏠 Type: Duplex
📐 Sq Ft: 1,890
📅 Year Built: 1927

📈 Financial Snapshot

• Asking Price: $116,000

• ARV: $175,673

• Monthly Rent: $1,840 total ($920 per unit)

• Cap Rate: Strong

• Cash-on-Cash Return: ~39.5%

• Taxes: ~$40/mo

• Insurance: ~$50/mo

🔑 Why This One’s a Winner

✅ Fully Occupied with Section 8 Tenants – $1,840/mo income from day one
✅ Guaranteed Rent – No vacancy risk, predictable returns
✅ Low Operating Costs – Minimal expenses = more net cash flow
✅ Duplex = Double Income – Two streams, one purchase
✅ Instant Equity – ~$60K spread between price and ARV
✅ Ideal BRRRR or Long-Term Hold – Refi, cash out, and repeat

📦 ZERO Rehab Needed – Turnkey condition with steady rental history
📲 First come, first served — reach out to request photos, lease details, and showings. Deals like this don’t sit.

Resources:

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• Run this scenario through our Fix and Flip Calculator.

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