Description
2 duplexes adjacent to each other in RICHMOND HEIGHTS being sold together. All 4 units are huge 1bed/1bath units with a formal dining room & office/ flex room off the bedroom. The current rents are $1075, $1025, $945 & $975 per month. According to RentOMeter, the rent for 1beds in this area are between $1223 & $1396 per month (indicating the rents can be much higher than they are currently). Both buildings are mostly brick exterior with hardwood flooring inside. There are 2 sets up laundry hookups in the basement so every tenant has their own laundry. There is a huge backyard space. The seller lives out of state & has collected cashflow profit from years & managed the property himself- saying most tenants have renewed for multiple terms but everytime there's been a vacancy he's received multiple applications from 700+ credit score prospective tenants. Combine Wash U and BJC being in the area with the amazing central location- you will not find a better spot than this.