3704 Greenwood new Save Request In-Person Tour Request Virtual Tour
Maplewood,MO 63143
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Subdivision Greenwood
MLS Listing ID 24076340
Year Built 1971
Building Age 53
Property Description
Incredible opportunity to purchase the Greenwood Apartments in Maplewood, MO to qualified investors. The property consists of 24, 1 bd/1 bth units. This opportunity has great upside potential by bringing rents to market rate and making cosmetic updates. In place rents are well below market with an average upside of $193. 15/24 units have been updated with new flooring and some updates to the bathrooms. There is potential to finish renovating the remaining units and to also incorporate in-unit laundry, which would add even higher rent potential.
Location
State MO
County St Louis
Area Maplewood-Rchmnd Hts
Interior
Heating Baseboard
Cooling Wall Unit(s)
Laundry No Laundry Facil.
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Mrh Early Childhood Center
Middle Schools Mrh Middle
High Schools Maplewood-Richmond Hgts. High
School District Maplewood-Richmond Heights
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition None