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!
Listing courtesy of Coldwell Banker Gundaker Central Regional.
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