$717,000
$735,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
16,758 SqFt
SOLD DATE : 01/27/2020
Key Details
Sold Price $717,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 16,758 sqft
Price per Sqft $42
Subdivision Meadow Park Apartments
MLS Listing ID 19085922
Sold Date 01/27/20
Construction Status 56
Year Built 1964
Building Age 56
Lot Size 0.267 Acres
Acres 0.267
Lot Dimensions 83x137 each
Property Sub-Type Multi-Family 5+
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!
Location
State MO
County St Louis
Area Hazelwood West
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Lndry Connect all Un
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 56
Schools
Elementary Schools Mccurdy Elem.
Middle Schools Northwest Middle
High Schools Hazelwood West High
School District Hazelwood
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Exchange, FHA, Private, VA
Listing Terms Cash Only, Conventional, Exchange, FHA, Private, VA
Special Listing Condition Renovated, None
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Bought with Kathleen Helbig
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146 Chesterfield Valley Dr, Chesterfield, Missouri, 63005, United States