Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
1,407
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, a 1-bedroom 1-bath apartment, and a studio 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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
1407.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Driveway, On Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.202
-
Lot Size(square feet)
8799.12
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other
Price
-
Sales Price
$315,000
-
Tax Amount
$2,959
-
Sq. Footage
1, 407
-
Price/SqFt
$223
HOA
-
Association
No
School District
-
Elementary School
Marion Elem.
-
Middle School
Ritenour Middle
-
High School
Ritenour Sr. High
Property Features
-
New Construction
NO
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Marion Elem.
Middle School
Ritenour Middle
High School
Ritenour Sr. High
Listing Courtesy of Christina Swyers , EXP Realty, LLC
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FOUNDER
Colleen Brown
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