BEDS0
BATHS
SQUARE FEET1,407
MLS#26033586
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOrchard Hill
SCHOOLRitenour
Property Description
Rare opportunity to acquire a cash-flowing triplex with an approximate 12% cap rate. This income-producing property features three separate units, including a 2-bedroom 1-bath apartment, 2 studio's with a private bath. Currently operating as fully furnished short-term rentals with a proven income history, this property offers strong cash flow and multiple investment opportunities. Continue the successful short-term rental business, convert to long-term rentals, or occupy one unit while generating income from the others. Numerous updates and improvements have been made throughout the property, adding to its appeal and functionality. Conveniently located near shopping, dining, and major roadways. All units are occupied and actively booked, so showings are by appointment only and must be coordinated with the owner.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, French Drain, Sump Pump, Unfinished, Walk-Up Access
Cooling: Ceiling Fan(s), Central Air
Heating: Forced Air, Natural Gas
Lot Size: 0.20 Acres
Taxes: $2,959
Year Built: 1950
Feature Descriptions
Days on Site: 1
Exterior: Vinyl Siding
Parcel#: 14L-54-0177
Parking: Driveway, On Street
Parking Notes: Driveway, On Street
SQFT. Above Grade: 1407
Units: 3
Water: Public
Local Schools
High School: Ritenour Sr. High
Middle School: Ritenour Middle
Elementary School: Marion Elem.
School District: Ritenour
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Shown By
Agent Name: Holly Even
Agent Phone: 314.616.9431
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 2,054.62 per month $1,716.16 Principal & Interest $246.58 Property Tax $91.88 Homeowner's Insurance
3210 Royalton Avenue | MLS# 26033586
This multi-family property located at 3210 Royalton Avenue, Saint Louis, MO 63114 is currently listed for sale with an asking price of $315,000. Royalton Avenue is located within the Ritenour school district. Search Saint Louis real estate on www.discoversaintlouishomes.com today.