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$ 1,995,000
Est. payment /mo
Active
3704 Greenwood Maplewood, MO 63143
UPDATED:
12/16/2024 08:32 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Subdivision Greenwood
MLS Listing ID 24076340
Construction Status 53
Year Built 1971
Building Age 53
Lot Dimensions 120 x 143
Property Description
Incredible opportunity to purchase the Greenwood Apartments in Maplewood, MO to qualified investors. The property consists of 24, 1 bd/1 bth units. This opportunity has great upside potential by bringing rents to market rate and making cosmetic updates. In place rents are well below market with an average upside of $193. 15/24 units have been updated with new flooring and some updates to the bathrooms. There is potential to finish renovating the remaining units and to also incorporate in-unit laundry, which would add even higher rent potential.
Location
State MO
County St Louis
Area Maplewood-Rchmnd Hts
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplace N
Laundry No Laundry Facil.
Building
Sewer Public Sewer
Water Public
Construction Status 53
Schools
Elementary Schools Mrh Early Childhood Center
Middle Schools Mrh Middle
High Schools Maplewood-Richmond Hgts. High
School District Maplewood-Richmond Heights
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
Listed by Timothy McCarthy • Salient Realty Group, LLC