Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
16,485
1265–1269 Moorlands Drive, a 17-unit multifamily investment opportunity located in the highly desirable Richmond Heights submarket of St. Louis County. Ideally positioned just minutes from Downtown Clayton, Washington University, Forest Park, and premier shopping and dining destinations, the property offers investors an attractive opportunity in a strong rental market. Buildings of this size in this area are extremely rare! The property features a mix of apartment layouts, including a two-bedroom, one-bathroom basement unit, along with six garages plus storage units that provide an additional income stream. With its desirable location, multiple sources of income, and potential for rental growth, 1265–1269 Moorlands presents an excellent opportunity for investors seeking long-term appreciation and increased cash flow. **Unit 69F – 2 Bed / 1 Bath: Requires renovations and updates to meet occupancy inspection requirements.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
16485.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Radiant
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
6
-
Construction Materials
Brick
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.44
-
Lot Size(square feet)
19,166
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Garden
Price
-
Sales Price
$1,895,000
-
Tax Amount
$16,773
-
Financing Options
Cash, Conventional
-
Sq. Footage
16,485
-
Price/SqFt
$114
HOA
-
Association
No
School District
-
Elementary School
Mrh Elementary
-
Middle School
Mrh Middle
-
High School
Maplewood-Richmond Hgts. High
Property Features
-
New Construction
NO
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Mrh Elementary
Middle School
Mrh Middle
High School
Maplewood-Richmond Hgts. High
Listing Courtesy of Timothy McCarthy, Salient Realty Group, LLC
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Agent / Realtor®
Emily Kostuke
Call Emily today to schedule a private showing.
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