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753 Leland | Premier 3 Unit Building Near Wash-U

$799,000

753 Leland, University City, MO 63130

Active
Last Updated: 02/18/2025

4,530 sqft

Building Size

0.0868 acres

Lot Area

Details:
Building Size:    4,530 sqft
Lot Area:    0.0868 acres
Occupancy:    100%
Units:    3
Year Built:    1929
Floors:    3
Highlights:
  • Beautiful Renovated 3 Family Building
  • All Units are Large (1,510 SF) 3 Bed / 2 Bath Units
  • In-Unit Laundry and Central HVAC in all Units
  • Fully Updated - Electrical, Plumbing, HVAC, NEW Roof (2025)
  • Near Wash U, Delmar Loop, Clayton, Forest Park, etc
  • Rent Upside & Scheduled Rent Increases in Leases
  • Walking Distance to Washington University
Description:

Prime investment opportunity in U-City & walking distance to Washington University & the Delmar Loop. This beautifully renovated building features three spacious units (1,510 SF) with great layouts. All units are 3 bedrooms and 2 bathrooms and have in-unit laundry and central HVAC. The building has updated electrical, plumbing, and HVAC systems. A brand new roof was just installed (Feb 2025). There is plenty of rent upside as well as scheduled rent increases in leases. See attached rent roll for rent information. The property is just down the street from Subtext's new student housing development, LOCAL on Delmar, at Leland and Delmar where rents are expected to be at least $1,000 per room.

U City

Map:
Documents:
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SRG___753_Leland___For_Sale.pdf
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SRG___753_Leland___For_Sale.pdf
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Location
Gallery