1265 Moorlands Drive , Richmond Heights, MO 63117

$1,895,000
  • 1265 Moorlands Drive , Richmond Heights, MO 63117 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET16,485 MLS#26068527
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWestmoor Park 2 SCHOOLMaplewood-Richmond Heights

Property 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.

1265 Moorlands Drive | MLS# 26068527

This multi-family property located at 1265 Moorlands Drive , Richmond Heights, MO 63117 is currently listed for sale with an asking price of $1,895,000. Moorlands Drive is located within the Maplewood-Richmond Heights school district. Search Richmond Heights real estate on libbywilson.redkeystlouis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: 9 ft + Pour
Cooling: Wall/Window Unit(s)
Garage: 6 car attached
Heating: Radiant
Home Style: Garden
Lot Size: 0.44 Acres
Taxes: $16,773
Year Built: 1940

Feature Descriptions

Exterior: Brick
Laundry: In Basement
Parcel#: 20J-42-0560
SQFT. Above Grade: 16485
Water: Public

Local Schools

High School: Maplewood-Richmond Hgts. High
Middle School: Mrh Middle
Elementary School: Mrh Elementary
School District: Maplewood-Richmond Heights

Listed By / Shown By

Listed By

Agency Name: Salient Realty Group, LLC

Shown By

Agent Name: Libby Wilson
Agent Phone: Cell: 314.409.6850
Agency Title: RedKey Realty Leaders

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Estimated Payment

$ 12,274.69 per month $10,324.23 Principal & Interest $1,397.75 Property Tax $552.71 Homeowner's Insurance

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David Ames, Sales Manager, NMLS #738479

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