New Listing
1265 Moorlands Drive,Richmond Heights, MO 63117
Richmond Heights, MO 63117
Description
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.
Details
| MLS # | 26068527 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 5 |
| Listing Provided By | Salient Realty Group, LLC | Timothy McCarthy |
Features
| SQ Feet | 16,485 |
|---|---|
| Garage | 6 |
| Basement | Y |
| Acreage | 0.44 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Radiant |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
Taxes
| Property | 16773 |
|---|
Area Information
| State | MO |
|---|---|
| County | St. Louis |
| City | Richmond Heights |
| Zip Code | 63117 |
| Area | Maplewood Rchmnd Hts |
| Community Name | Westmoor Park 2 |
| School District | Maplewood-Richmond Hgts. High |
| Elementary School | Mrh Elementary |
| High School | Maplewood-Richmond Hgts. High |
| Listing VS Median (in Westmoor Park 2) | |
Price: $1,895,000 low | high Med: $427,500 sqft: 16,485 low | high Med: 2,155 $ / sqft: $115 low | high Med: $199 On site: 5 low | high Med: 83 | |
Market Activity 63117
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MO |
|---|---|
| County | St. Louis |
| City | Richmond Heights |
| Zip Code | 63117 |
| Area | Maplewood Rchmnd Hts |
| Community Name | Westmoor Park 2 |
| School District | Maplewood-Richmond Hgts. High |
| Elementary School | Mrh Elementary |
| High School | Maplewood-Richmond Hgts. High |
| Listing VS Median (in Westmoor Park 2) | |
Price: $1,895,000 low | high Med: $427,500 sqft: 16,485 low | high Med: 2,155 $ / sqft: $115 low | high Med: $199 On site: 5 low | high Med: 83 | |