Residential Income in St Louis

$225,000

3210 Royalton, 63114, St Louis, MO

Residential Income for sale in St Louis, 3210 Royalton, 63114, 1407 m²

3210 Royalton, 63114, St Louis, MO

$225,000

1407
Type: Residential Income

Description

Rare opportunity to acquire a cash-flowing triplex with a nearly 15% 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.

Location

3210 Royalton, 63114, St Louis, MO

Data

Object TypeResidential Income
Purchase Price$225,000
Living Space1407 m²
Plot Size817.46 m²
BathroomsN/A
Construction Year1950
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1950
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent