11 Bruce, Florissant, MISSOURI 63031

$735,000
16,758
SqFt
List Price
$735,000
Days on Market
7
MLS#
19085922
Status
PENDING
Living Sq. Ft
16,758
Lot Size
11,631
Sq. Ft. Above
16,758
Acres
0.267
Year Built
1964
Age
55
Subdivision
Meadow Park Apartments
Municipality
Florissant
County
St Louis
Listing Type
Multifamily

Property Description

Two 8-family buildings. 11 and 12 Bruce Drive are being offered together as a 16 unit package. Each Building consists of 8 large (1BR 1BA) units, 15 out of 16 units are occupied. Remaining unit has just been remodeled and will be leased for $650. Major systems have been updated (plumbing, electric, HVAC). Property stays full and is easy to rent. New hardwood flooring installed in all units and many of the units have been updated (cabinets, appliances, vanities and paint). All of the updated units rent for $650. The Buildings are structurally sound and have been well maintained (tuckpointing, new windows, routine maintenance of HVAC systems, etc). Each Building has a pitched roof with more than half of its useful life remaining. Great neighborhood and location within walking distance of Dierbergs, Schnucks and many restaurants. The Buildings sit in a cove with a total of 96 other units (a mix of 4's and 8's). Plenty of opportunity to add more!

Additional Information

Gross Operating Income
107640
Total Expenses
$35,517
School District
Hazelwood
Elementary School
Mccurdy Elem.
Jr. High School
Northwest Middle
Sr. High School
Hazelwood West High
Construction
Brick/Stone Msn Pred
Parking Description
Parking Lot, Unassigned
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
43.86
Taxes Paid
6125
Selling Terms
Cash, Conventional, Exchange, FHA, Private, VA

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Gundaker Central Regional.

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