This duplex in RICHMOND HEIGHTS features 2 oversized 1bed/1bath units and is priced to sell at just $137,500/unit. The first level just became vacant and is perfect for an owner-occupant buyer to move directly into or ready to be rented. Neighbors in the area have had great success furnishing units & leasing on mid-term leases to traveling nurses at nearby Barnes Jewish Hospital, for almost double the rent that long term tenants pay. Both units feature hardwood floors, a huge living room, true dining room, spacious bedroom and a bonus room/ sun room. The basement features 2 sets of washers/dryers so both tenants can do their own laundry at the same time. This property features a spacious backyard that could possibly fit the requirements for an ADU to be built. Passed occupancy reports will be provided for both units prior to closing. Historically, the seller has usually leased to Washington University grad students or employees working at BJC hospital. The upstairs unit is currently rented for $1095/month and market rent is +$1200. By providing strategic upgrades, the rents can be much higher. The first floor is available for tours TODAY! I encourage anyone reading this to pickup the phone and call your realtor or the listing agent to get you in before this opportunity is gone forever!
Basic Details
Property Type : Residential Income
Listing ID : 25061337
Price : $275,000
Year Built : 1925
Lot Area : 0.14 Acre
Status : Active
Property Sub Type : 2-4 Units
Features
Heating System : Forced Air, Natural Gas
Cooling System : Central Air, Electric
Parking : Off Street
SchoolDistrict : Maplewood-Richmond Heights
Taxes Paid : $0
Architectural Style : Other
Appliances
Appliances : Gas Water Heater
Address Map
Mls Area Major : 241 - Maplewood-Rchmnd Hts
Neighborhood
Elementary School : Mrh Elementary
High School : Maplewood-Richmond Hgts. High
High School District : Maplewood-Richmond Heights
Middle School : Mrh Middle
Additional Information
Number Of Units Total : 2
On Market Date : 2025-09-06
Water Source : Public
Construction Materials : Brick
Financial
Tax Annual Amount : 2765
Listing Information
List Agent Mls Id : ANTKLIER
List Office Mls Id : AGNC01
Listing Term : 1031 Exchange,Cash,Conventional,FHA