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151 Colonial Lane

Troy, MO 63379

Property Overview
Price: $399,000
City: Troy
County: Lincoln
Sale/Lease: Sale
Status: Active
MLS Number: 25042804
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.
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Listing Brokered by Nichols Real Estate
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