$699,000

5501 Dober Lane, St Louis, MO 63129

3 beds |
3 baths |
1,835 sqft

Single-Family Home
Built in 1987
2.28acre lot
2 car garage
$381/sqft
Listed 6 months ago

Property Description

PRIME INVESTMENT OPPORTUNITY – Multi-Income Property with Endless Potential! Discover an exceptional income-generating estate featuring three distinct revenue streams on one property. This versatile investment includes: Primary Residence: Spacious 1,835 sq ft home with 3 bedrooms and 3 bathrooms – perfect for owner-occupancy while collecting rental income, or lease for additional cash flow. Tenant-Occupied Rental Home: Currently generating steady rental income with an established tenant in place. Income-Producing Horse Barn: Partially occupied with a combination of tenant use and active horse boarding. Additional vacant stalls offer immediate opportunity to increase monthly revenue or accommodate personal horses. Investment Highlights: Multiple established income streams Room for income expansion with available barn stalls Ideal for investors seeking immediate cash flow Perfect for equestrian enthusiasts wanting a live/work property Excellent opportunity for owner-occupant to offset mortgage with rental income Whether you're an investor looking to maximize returns, an equestrian seeking a turnkey operation, or someone wanting to live for less while building wealth, this property delivers. Current tenants and boarders provide immediate income from day one. Don't miss this rare opportunity to own a fully operational, multi-faceted income property!

Listing Status:: Active
Date Added:: May 23, 2025 at 05:00AM
Listing Office:: The Hermann London Group LLC : 314-8020797
MLS ID:: 25028878

Appliances: Electric Water Heater
Basement: BathroomFull
A/C: Ceiling Fan(s)Central AirElectricHeat Pump
Heating: Forced AirHeat PumpElectric
Fireplace: Wood BurningBasementLiving RoomFireplaceFireplaces: 2

Style: Ranch
Parking: RV Access/ParkingAdditional ParkingAttachedGarageParking spaces: 2

General: One

Originating MLS: maris2
School District: Mehlville R-IX
County: St. Louis

Zoning: 31H-21-0403

Utilities: Cable AvailableElectricity Connected
Water: Public
Sewer: Lift SystemSeptic Tank

Source: maris2
Ownership: Private

This listing courtesy of The Hermann London Group LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Wohlwend Elementary School

5966 Telegraph Rd, Saint Louis, MO, 63129

Grades KG-5

1.04 miles away

Oakville Middle School

5950 Telegraph Rd, Saint Louis, MO, 63129

Grades 6-8

0.97 miles away

Oakville High School

5557 Milburn Rd, Saint Louis, MO, 63129

Grades 9-12

1.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.