11 Bruce

    Florissant, MO 63031
    • $759,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 19046386
    UPDATED: 25 min ago
    $759,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,758
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    11 and 12 Bruce Drive were built in the early 1960's and are being offered together as a 16 unit package. Each Building consists of 8 (1BR 1BA) units, and is fully occupied. Major systems have been updated (plumbing, electric, HVAC) and many of the units have had cosmetic updates (flooring, cabinets, appliances, vanities). The most recent units rented with the cosmetic updates are now fetching $650 rents. 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. This neighborhood has dramatically improved in recent years. There are new commercial tenants popping up everywhere (Dunkin Donuts, Regions, Jimmy Johns) and there is even a Schnucks and a Dierbergs within walking distance of the properties. 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!

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-08-24T13:49:09.613.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold: 636-326-2290
    www.beckyoneill.com/homes/96155372

    11 Bruce Florissant, MO 63031

    • Price: $759,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 19046386
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    16,758
    SQFT
    $45
    $/SQFT
    1964
    Built
    Neighborhood:
    Meadow Park Apts
    County:
    St Louis
    Area:
    Hazelwood West
    Elementary School:
    Mccurdy Elem.
    Middle School:
    West Middle
    High School:
    Hazelwood West High
    School District:
    Hazelwood
    Property Description
    11 and 12 Bruce Drive were built in the early 1960's and are being offered together as a 16 unit package. Each Building consists of 8 (1BR 1BA) units, and is fully occupied. Major systems have been updated (plumbing, electric, HVAC) and many of the units have had cosmetic updates (flooring, cabinets, appliances, vanities). The most recent units rented with the cosmetic updates are now fetching $650 rents. 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. This neighborhood has dramatically improved in recent years. There are new commercial tenants popping up everywhere (Dunkin Donuts, Regions, Jimmy Johns) and there is even a Schnucks and a Dierbergs within walking distance of the properties. 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!
    Exterior Features

    Building Style Low/1-2 Construction Brick/Stone Msn Pred Location Suburban Lot Dimensions 1X1 Parking Description 1 Space/UnitOn Street Parking

    Interior Features

    Building Unit Info Smoke/Alarm Detector Cooling Central-Electric Heat Source Gas Heating Forced Air Laundry Common Laundry Water Heater Gas

    Property Features

    1 Bed Units 16 Association St. Louis Association of REALTORS BLDFIN InsuranceLicenses/PermitsMaintenance/RepairsPersonal Prop TaxesUtilities Cable Available Yes Conditions Unknown Disclosures Sellers Discl. Avail Gross Operating Income 101235.00 Lot Size Source County Records Net Income 71745.00 Ownership Private Possession At Closing Possible Buyer Fees YN No Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventionalExchangeFhaPrivateVa Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2018 Taxes Paid 11785 Tenancy Type LeasesMonth To Month Tenant Pays Cable Tv/SatelliteElectricGas Total Expenses 29490.00 Transaction Type Sale Type Apt Bldg/Interior En Water Public

    Listing provided courtesy of Realty Executives Of St. Louis. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-08-24T13:49:09.613.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold: 636-326-2290
     
    The Becky O'Neill Power Home Selling Team | RE/MAX Gold
    2590 Gladiator Drive
    Fenton MO, 63026