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Keagan Marten

keagan@cisler.com +1(217) 710-7047

$ 750,000

Est. payment -/mo

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Active

1323 Woodland DR St Louis, MO 63117

3,552 SqFt

UPDATED:

09/13/2024 04:03 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Active

Purchase Type For Sale

Square Footage 3,552 sqft

Price per Sqft $211

Subdivision Westmoor Park 2

MLS Listing ID 24058463

Construction Status 99

Year Built 1925

Building Age 99

Lot Size 0.275 Acres

Acres 0.2754

Lot Dimensions 40x150

Property Description

Once in a lifetime chance to own OVER A QUARTER ACRE (11,996SF) in prime RICHMOND HEIGHTS, with 2 duplexes (4 units total). All units are oversized 888sqft 1bed/1bath units, currently all leased below market rent but bringing in $4,020/month ($48,240 annually). According to Apartments.com, 1bed apartments market rent is $1850/m to $3300/month in this location. Both buildings have dual sets of washers/dryers. Endless opportunities here- continue renting the units & raise rents as they are, renovate the units for massive rent increases, or even possibly redevelop on the huge lot. Close to the best "Med and Ed" tenants in St Louis; 1.5 miles from Washington University, 1.4 miles from Forest Park, 1.8 miles from Whole Foods and a 7min drive to Barnes Jewish Hospital. Richmond Heights has an A+ "Overall Niche Grade" and is ranked the #5 "Best Places to Live in Missouri" according to Niche.com. 1319 & 1323 Woodland dr are listed here (can be purchased individually).

Location

State MO

County St Louis

Area Maplewood-Rchmnd Hts

Interior

Heating Forced Air

Cooling Electric, Gas

Fireplace N

Exterior

Parking Type Off Street

Building

Sewer Public Sewer

Water Public

Construction Status 99

Schools

Elementary Schools Mrh Elementary

Middle Schools Mrh Middle

High Schools Maplewood-Richmond Hgts. High

School District Maplewood-Richmond Heights

Others

Acceptable Financing Cash Only, Conventional, Exchange

Listing Terms Cash Only, Conventional, Exchange

Special Listing Condition None

Listed by Anthony Klier • The Agency

Keagan Marten

Agent | License ID: 475.206207

+1(217) 710-7047

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Keagan Marten

Keagan Marten

1323 Woodland DR St Louis, MO 63117

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1323 Woodland DR