1030 Commodore Dr, Richmond Heights, MO 63117
- $729,000
- 3,876
- SqFt
- List Price
- $729,000
- Price Change
- ▼ $20,000 1783564592
- Days on Market
- 56
- MLS#
- 26032432
- Status
- ACTIVE
- Living Sq. Ft
- 3,876
- Lot Size
- 7,000
- Acres
- 0.16
- Year Built
- 1935
- Subdivision
- Westmoor Park 1
- Municipality
- Richmond Heights
- County
- St. Louis
- Listing Type
- Multifamily
Property Description
Rare opportunity to invest in a 4-unit property in the highly desirable Little Flower neighborhood of Richmond Heights. Located a stone’s throw from Downtown Clayton, Washington University, the Barnes Jewish Hospital Complex, and great access to regional highways, the location can’t be beat -- incredible tenant draw! Offered at a pro forma 7.36% Cap Rate, with easy value-add to bring even higher returns. With simple cosmetic updates, all of these 1-bed units command $1595 market rents – adding laundry in-unit could raise to $1795/mo, ready with a perfect location off the kitchen. In great condition with some recent updates, the property has Central AC & Forced Air heat, updated plumbing and electrical panels, vinyl windows throughout, excellent masonry & tuckpointing, 4 spots of off-street parking. 1030 Commodore should prove to be a low-maintenance, easy-to-manage investment for years to come -- won’t last long, call today!
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Additional Information
- School District
- Maplewood-Richmond Heights
- Elementary School
- Mrh Elementary
- Jr. High School
- Mrh Middle
- Sr. High School
- Maplewood-Richmond Hgts. High
- Cooling
- Central Air
- Heating
- Natural Gas
- Water
- Public
- Selling Terms
- Cash, Conventional, Private
Mortgage Calculator
Listing courtesy of Evan Kuhn, Broker.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
