3210 Royalton AVE, St Louis, MO 63114
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3210 Royalton AVE, St Louis, MO 63114
3210 Royalton AVE, St Louis, MO 63114
3210 Royalton AVE, St Louis, MO 63114
3210 Royalton AVE, St Louis, MO 63114
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$ 275,000
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3210 Royalton AVE St Louis, MO 63114

1,407 SqFt


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Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,407 sqft

Price per Sqft $195

Subdivision Orchard Hill

MLS Listing ID 26033586

Style Other

Year Built 1950

Annual Tax Amount $2,959

Lot Size 8,799 Sqft

Acres 0.202

Property Sub-Type 2-4 Units

Property 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

State MO

County St. Louis

Area 91 - Ritenour

Rooms

Basement Block, French Drain, Sump Pump, Unfinished, Walk-Up Access

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air

Fireplace N

Exterior

View Y/N No

Building

Story 2

Water Public

Level or Stories Two

Structure Type Vinyl Siding

Schools

Elementary Schools Marion Elem.

Middle Schools Ritenour Middle

High Schools Ritenour Sr. High

School District Ritenour

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Other

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Other

Special Listing Condition Standard


Listed by Christina Swyers • EXP Realty, LLC

NEARBY SCHOOLS & PROPERTIES

Scott Schardan

Scott Schardan

Broker | License ID: 475.209411

+1(217) 473-0893

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3210 Royalton AVE