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151 Colonial Lane, Troy, MO 63379
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$399,000
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Home Details for 151 Colonial Lane
Price
$399,000
Type
Multi Family
Year Build
1958
Sq. Ft.
2600
Lot Size
1.22
County
Lincoln
Garage
3
Basement
Partially Finished
Tax
$2,202
MLS®️ Listing#
25042804
On exitrealty.com
113 days
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.
- Parking
- Additional Parking
- Attached
- Basement
- Circular Driveway
- Concrete
- Detached
- House Interior
- Entrance Foyer
- High Speed Internet
- Pantry
- Utilities
- Cable Available
- Sewer Connected
- Water Connected
- Cooling Information
- Central Air
- Electric
- Heating Information
- Baseboard
- Water Features
- Public
- Basement
- Partially Finished
- Fire Place
- Wood Burning Stove
School Information
School Information for 151 Colonial Lane
Elementary School
Main Street Elem.
Middle School
Troy Middle
High School
Troy Buchanan High
Listing Courtesy: Nichols Real Estate - 636-528-9501. Presented by: Ashley Nichols

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Market statistics compiled from data from Mid America Regional Information Systems.
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