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1323 Woodland Drive

Richmond Heights, MO 63117

Property Overview
Price: $595,000
City: St Louis
County: St. Louis
Sale/Lease: Sale
Status: Active
MLS Number: 25040795
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.
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