1323 Woodland Drive
$750,000
—
3,552
3,552
$211
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...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).
- Listed by Anthony Klier • The Agency
Amenities
- Air Conditioning
- Forced Air
- Off-Street Parking
LISTING UPDATED: 09/13/2024 11:03 AM
Property Details for 1323 Woodland Drive
Status | Active |
---|---|
MLS # | 24058463 |
Days on Market | 74 |
Taxes | $2,226 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family 2-4 |
Year Built | 1925 |
Lot Size | 0.28 AC / 11,996 SF |
County | St. Louis County |
Building Information for 1323 Woodland Drive
Stories-Residences-Year Built1925Building Size-Lot Size0.28 AC / 11,996 SF
Property Information for 1323 Woodland Drive
Property History for 1323 Woodland Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1323 Woodland Drive
Taxable ValueLand$17,970Additions$11,020Total$28,990
Tax Record2023$2,226 ($186 / month)
Home Facts
Baths2Total Finished SqFt1,776 SqFtAbove Grade Finished SqFt1,776 SqFtUnfinished Basement SqFt60 SqFtStories2Lot Size5,998 SqFtStyleMulti-Family Dwelling (2-4)Year Built1925Zoning49R4CountyST. LOUISAPN20J-5-1-054-0
Schools near 1323 Woodland Drive
This home is within Maplewood-Richmond Heights School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 3 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mrh Early Childhood Center PublicPK to 2 | ||
Mrh Elementary School Public3 to 6 | ||
Mrh Middle School Public7 to 8 | ||
Maplewood-Richmond Heights High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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