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1323 Woodland Drive, St Louis, MO 63117
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$750,000
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Home Details for 1323 Woodland Drive
Price
$750,000
Type
Multi Family
Year Build
1925
Sq. Ft.
3552
Lot Size
0.2754
County
St Louis
Tax
$2,226
MLS®️ Listing#
24058463
On exitrealty.com
334 days
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).
- Cooling Information
- Electric
- Gas
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Public
- Parking
- Off Street
School Information
School Information for 1323 Woodland Drive
Elementary School
Mrh Elementary
Middle School
Mrh Middle
High School
Maplewood-Richmond Hgts. High
Listing Courtesy: The Agency - 314-677-1477. Presented by: Anthony M Klier

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