Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1927
Sq.Footage
2,502
Exceptional Opportunity in Popular Little Flower Neighborhood of Richmond Heights! Discover the perfect blend of location, charm, and investment potential with this meticulously-maintained two-family property in the sought-after Richmond Heights Little Flower neighborhood. Centrally located one block away from Clayton and tons of surrounding amenities. Easy access to highway 40 to head Downtown or out to West County, this property offers an excellent opportunity for both owner-occupants and investors. Each unit features 2 bedrooms, 1 full bath, beautiful hardwood floors throughout, updated kitchens and baths, and a spacious sunroom offering flexible living spaceāperfect for a home office, reading room, or a third bedroom. Additional amenities include a two-car garage, with a nice backyard, and basement laundry. Numerous improvements have been completed within the past 10 years, including electrical updates, PVC and copper plumbing, hot water heaters, HVAC units, and more, providing added value and peace of mind. The entire property is overall in excellent grade A condition. Live in one unit and let the rental income from the other help offset your mortgage, or add a desirable property to your investment portfolio. With its flexible floor plans, valuable updates, and prime central location, this Richmond Heights two-family is an opportunity you won't want to miss! The building is being offered at a true in place 7.4% Cap Rate with further room to increase rent.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
2502.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1205
-
Lot Size(square feet)
5,248
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$475,000
-
Tax Amount
$5,812
-
Financing Options
1031 Exchange, Cash, Conventional
-
Sq. Footage
2,502
-
Price/SqFt
$189
HOA
-
Association
No
School District
-
Elementary School
Mrh Elementary
-
Middle School
Mrh Middle
-
High School
Maplewood-Richmond Hgts. High
Property Features
-
New Construction
NO
-
Ownership
Private
-
Senior Community YN
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 Mimi Mackey Hollrah, STL Rental Services and Sales
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Agent / RealtorĀ®
Erica Holtschneider
Call Erica today to schedule a private showing.
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