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.
Listed By
Agency Name: EXP Realty, LLC
Shown By
Agent Name: Barb McKone
Agent Phone: 314.960.1096
Agency Title: RedKey Realty Leaders
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.barbmckonehomes.com today.