This triplex presents a solid value-add opportunity in the evolving Greater Ville neighborhood of St. Louis City, offering income today with room to grow. One units are currently leased, while the 3 bedroom, 1.5 bath townhouse and 2 bedroom 1 bathroom is vacant, creating flexibility for an owner-occupant or investor.… Read More One of the 2 bedroom, 1 bath units is leased on a month-to-month basis at $800 per month. With rents below market, there is clear potential to increase income over time. Recent updates include newer HVAC systems in two of the units, and the roof is approximately eight years old, and some plumbing recently completed, helping limit near-term capital expenses. The vacant townhouse allows a buyer to either move in and offset housing costs with rental income or lease the unit to strengthen overall returns. Conveniently located near Ranken, the new NGA campus, major highways, and local amenities, this property is well positioned for future demand. An ideal option for a buyer looking to build or reposition a rental portfolio while creating long-term equity. Read Less
Listing courtesy of St. Louis Metro, REALTORS.
Listing Snapshot
Days Online
59
Last Updated
Property Type
Residential Income
Lot Size
0.11 Acres
Year Built
1916
MLS Number
26006712
30 Days Snapshot Of 63115
$51k
+20%
(avg) sold price
6
-14%
homes sold
106
+37%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Block", "Unfinished", Basement
Building
Architectural Style: "Other", Construction Materials: "Brick", Living Area: 3536 Sq. Ft., Number Of Units Total: 3, Year Built: 1916
Community
Neighborhood: The Greater Ville
Cooling
Cooling: "Central Air"
Disclosures
Disclosures: "Lead Paint", "See Seller's Disclosure"
Heating
Heating: "Forced Air"
Lot
Lot Size Acres: 0.1056, Lot Size Square Feet: 4599.94 Sq.Ft.
Taxes
Annual Tax Amount: 379, Tax Year: 2023
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