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
Style Ranch
Year Built 1958
Annual Tax Amount $2,202
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
View Y/N No
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