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Investment Multifamily Opportunity 1 Bruce St 9 Unit Apartment Building $595,000 ($66,111/Unit) Clarksburg, WV 26301
INVESTMENT HIGHLIGHTS
- Potential for long-term income growth
- Redevelopment opportunity
EXECUTIVE SUMMARY
Black Diamond Realty is proud to present 1 Bruce Street, a transformative multifamily redevelopment opportunity located in Clarksburg, West Virginia. This three-story masonry and frame structure, originally constructed in 1910, spans approximately 8,699 (+/-) square feet and is comprised of nine residential units with a mix of two-bedroom and one-bedroom layouts across three levels. With opportunities for strategic upgrades and income optimization, the property is well-positioned to deliver attractive long-term returns in a rising rental market.
Located between a residential neighborhood and the commercial corridor along West Pike Street, the site benefits from its proximity to major employers including the VA Hospital, Federal Courthouse, and FBI offices. The surrounding area is experiencing visible revitalization with projects such as the Clarksburg airport expansion, recent commercial upgrades by O’Reilly Auto Parts, Wendy’s, and Subway, and a renewed civic commitment to downtown redevelopment.
Located between a residential neighborhood and the commercial corridor along West Pike Street, the site benefits from its proximity to major employers including the VA Hospital, Federal Courthouse, and FBI offices. The surrounding area is experiencing visible revitalization with projects such as the Clarksburg airport expansion, recent commercial upgrades by O’Reilly Auto Parts, Wendy’s, and Subway, and a renewed civic commitment to downtown redevelopment.
PROPERTY FACTS
| Price | $595,000 | Building Class | C |
| Price Per Unit | $66,111 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 8,262 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $595,000 |
| Price Per Unit | $66,111 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 8,262 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 19-2709-00430000 | Improvements Assessment | $82,500 |
| Land Assessment | $4,980 | Total Assessment | $87,480 |
PROPERTY TAXES
Parcel Number
19-2709-00430000
Land Assessment
$4,980
Improvements Assessment
$82,500
Total Assessment
$87,480
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Investment Multifamily Opportunity | 1 Bruce St
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