151 Colonial LN Active Save Request In-Person Tour Request Virtual Tour
Troy,MO 63379
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $153
MLS Listing ID 25042804
Year Built 1958
Property Sub-Type 2-4 Units
Property Description
Investment Opportunity in the Heart of Troy, MO - R3 Zoned Property
Fantastic development potential on this over 1-acre parcel located right in the heart of Troy. Zoned R3 - Multi-Family Residential, this property currently features a 3-bedroom, 3-bathroom home with an attached 2-car garage and a detached 1-car garage-perfect for storage, workshop space, or future tenant use. Some work is currently being finished on the home, making it even more move-in or rent-ready while you plan your development.
A site plan is already in place to expand the property with:
• Two duplexes – Each with 3 bedrooms and 2 bathrooms
• Two single-family dwellings – Each with 2 bedrooms and 1 bathroom
Whether you're looking to build out a full investment portfolio or add more rental units in a growing area, this property is shovel-ready for your vision. Utilities are accessible, and the central location offers unmatched convenience for future tenants.
Location
State MO
County Lincoln
Area 458 - Troy R-3
Interior
Heating Baseboard
Cooling Central Air,Electric
Flooring Vinyl,Wood
Fireplaces Number 1
Fireplaces Type Wood Burning Stove
Laundry In Hall,Main Level
Exterior
Parking Features true
Garage Spaces 3.0
Utilities Available Cable Available,Sewer Connected,Water Connected
Building
Water Public
Structure Type Other
Schools
Elementary Schools Main Street Elem.
Middle Schools Troy Middle
High Schools Troy Buchanan High
School District Troy R-Iii
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard