$380,000
$399,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1148 Moorlands DR St Louis, MO 63117
2,254 SqFt
Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,254 sqft
Price per Sqft $168
Subdivision Westmoor Park 2
MLS Listing ID 22068143
Sold Date 11/30/22
Construction Status 45
Year Built 1977
Building Age 45
Lot Size 5,602 Sqft
Acres 0.1286
Lot Dimensions 35x160
Property Description
Beautifully updated duplex in desirable Westmoor Park, perfect for an investor or an owner-occupant. Each spacious unit has an open floor plan with 2 beds and 1 bath, incredible natural light, and many great updates, including: kitchens with hard-top counters and updated appliances, some updated windows, in unit washer/dryer, and a private balcony off the back. Good sized back-yard perfect for entertaining/grilling/fire-pit. Clean and dry basement with separate storage, updated electric, updated plumbing/stack, copper water lines. Walking distance to grocers, dining, and entertainment. Close to Wash-U/Hospitals. 1st Floor currently leased at $1040/month, well below market. Market rents $1300-1500. Two smaller 2br units in Westmoor Park with lesser finishes recently rented at $1295. Pro-forma rents at $1350/mo would generate $32,400 gross with $23,670 using current expenses, for a 6 cap. Building is offered "as-is," inspections for buyer information only, seller to do no repairs.
Location
State MO
County St Louis
Area Maplewood-Rchmnd Hts
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Washer/Dryer
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 45
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 Peter Lu