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Archived about 1 month ago

$995,000

9+ bd 6+ ba 0 sqft

3211-3215 Arsenal, Saint Louis, MO 63118

Residential Triplex Occupied

Current Rent **

$4,745

Projected Rent **

$7,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $2,395
  • Bedroom: 3 bd
  • Bathroom: 2 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $2,350
  • Bedroom: 3 bd
  • Bathroom: 2 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 3 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 2 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

House Hack a HUGE Triplex with 3 bed 2 bath Townhome Units 70k+ annually

This place has so many options! Fill it with a tenant and rake in 70k+ annually at a 7% return, hold it for some years, update a bit and separate townhomes to sell off individually at a profit, House hack, living in one unit and having most of your expenses paid for by the other two....... or use a 5% down conventional owner occupy loan with a local bank (yes it can be done and has been verified, rates are LOWERING regularly). Most of the tenants are attending local universities, so if that's you - you could live in one and rent out the additional 2 rooms for even more income! Plus you're super close to Tower Grove Park and all the restaurants, highways, and conveniences of Tower Grove East!

See the full details at https://saintlouisrealestate.co/featured-listing Full photos are here. Bigger Pockets is quite difficult to upload multiple photos successfully.

Location:

3211-3215 Arsenal, Saint Louis, MO 63118

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.