$199,900
$199,900
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3125 Clay AVE St Louis, MO 63115
4,391 Sqft Lot
Key Details
Sold Price $199,900
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Subdivision Orchard Place Add
MLS Listing ID 24058431
Sold Date 11/14/24
Construction Status 108
Year Built 1916
Building Age 108
Lot Size 4,391 Sqft
Acres 0.1008
Lot Dimensions 40X115
Property Description
Here’s your chance to own an amazing income generating triplex in the improving Greater Ville neighborhood of St. Louis City! With over $2k/month of immediate income with one vacancy, this recently renovated triplex provides guaranteed income off the bat! You can house hack by living in one unit & generate enough monthly income to cover the mortgage & utilities with surplus income to spare! Or, easily earn over 15% ROI & 3X the debt service + OE with peace of mind & low maintenance units! The townhouse is a 3 BD/1.5 BA unit occupied by a sec 8 tenant at $1,250/month. One of the 2 BD/1 BA units is occupied at $800/month & the second 2 BD/1 BA unit is ready to be occupied or leased! Currently under market, gross rents can be increased! 2 units feature new HVAC & the roof is only 8 years old. Located just minutes away from Ranken, the New NGA campus, I-70 & local amenities. A solid opportunity to build your rental portfolio or live rent free on your path to creating generational wealth.
Location
State MO
County St Louis City
Area North
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Storm Window(s), Some Window Treatment(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Construction Status 108
Schools
Elementary Schools Farragut Elem.
Middle Schools Yeatman-Liddell Middle School
High Schools Vashon High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Private
Listing Terms Cash Only, Conventional, Private
Special Listing Condition None
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Bought with Ivy Grant