$360,000
$360,000
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1102 Edward Terr St Louis, MO 63117
5,489 Sqft Lot
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Subdivision Westmoor Park 1
MLS Listing ID 22017827
Sold Date 06/30/22
Construction Status 82
Year Built 1940
Building Age 82
Lot Size 5,489 Sqft
Acres 0.126
Lot Dimensions 45x122x45x122
Property Description
Welcome to 1102 Edward Terrace, a fabulous turn-key 2 family property in the heart of Richmond Heights. Excellent opportunity to add to your rental portfolio, or to live in one unit and to lease the other to cover your mortgage! Each unit has 2 bedrooms and 1 bathroom with a shared basement for storage. Both units are currently occupied with long term tenants (one currently month to month, other lease ends June 14, 2022), rents are far below market rate. With a few updates (or not), rents could be raised to $1,200-$1,400/month very easily! SUPER CENTRALIZED area is super easy to rent out as it is close to Wash U, SLU, Downtown Clayton, and Forest Park! Extremely safe area with highly desired Maplewood-Richmond Heights School District. Roof is less than 10 years old, lateral line replaced in 2011. Showings only with accepted contract, all offers to be submitted on a special sales contract; property to be sold in "as-is", "where-is" condition.
Location
State MO
County St Louis
Area Maplewood-Rchmnd Hts
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Storm Door(s), Some Window Treatment(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick, Vinyl Siding
Construction Status 82
Schools
Elementary Schools Mrh Elementary
Middle Schools Mrh Middle
High Schools Maplewood-Richmond Hgts. High
School District Maplewood-Richmond Heights
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Colleen Lawler