Erica Rose - Coldwell Banker Premier Group
7401 Rupert Ave
St Louis, MO 63117

Description

You don't want to miss out on this income producing duplex in Richmond Heights. The building is located on a beautiful street on a corner lot, with a patio for entertaining, decks off of each unit, and a detached 2 car garage. Each unit is 1200+ sq ft, 2br/1b with wood flooring, updated bathrooms, and some new windows and new paint in the 2nd floor unit. Close to grocers, dining, and entertainment. Perfect for an owner occupant or an investor, it has solid tenants already in place (1 m2m, 1 lease). Potential to increase rents with no work, or even more with targeted cosmetic upgrades. Maintenance/repair costs elevated in 2018 due to painting, plaster repair, and some new windows. Self-managed in a typical year at current rent rates net income approaches $17,000. With minimal work you can have this building firing on all cylinders!

Details

MLS#18095044
Sub-TypeResale
StatusPending - Show
Year1927
Days On Site27

Features

SQ Feet2,542
Units2
Building(s)1

Market Activity 63117

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Area Information

StateMO
CountySt Louis
CitySt Louis
Zip Code63117
AreaMaplewood-Rchmnd Hts
Listing VS Median (in 63117)
Price:
$315,000
low | high
Med:
$317,400
49.238095238095% of Average
SqFt:
2,542
low | high
Med:
2,055
69.158143194335% of Average
$ / SqFt:
$124
low | high
Med:
$164
17.706146744412% of Average
On Site:
27
low | high
Med:
24
100% of Average
Listing Updated: 01/15/2019
MLS Number: 18095044
Listing Provided By:
William Springer  of  Berkshire Hathaway Alliance