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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. According to Apartments.com, 1bed apartments market rent is $1850/m to $3300/month in this location. Both buildings have all brick exteriors, hardwood floors dual sets of washers/dryers in the basements. Lots of opportunities here- continue renting the units & raise rents as they are or renovate the units for massive rent increases. Amazing demographic of interested tenants; 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 or as a package for the listed price). Showings start on June 18th and there will be an open house June 29th from 1pm to 3pm.

Overview

Property Status
For Sale
Lot Size
0.28 Acres
MLS ID
25040795
Property Type
Residential
Year Built
1925

Features & Amenities

Water Source
Public
Parking
Off Street
Heat Type
Forced Air, Natural Gas
Air Conditioning
Electric, Gas, Central Air
Elementary School
Mrh Elementary
Middle School
Mrh Middle
High School
Maplewood-Richmond Hgts. High
School District
Maplewood-Richmond Heights
Sales Price
$595,000
Real Estate Tax
$2,226/yr

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1323 Woodland Drive

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1323 Woodland Drive

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    License #2022012991

    (314) 517-1925
  • 1323 Woodland Drive
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