Active
63 E School Street
Bonne Terre MO, 63628
$349,000
Active
Commercial
Built in 1988
Excellent investment Opportunity
Current $44,301,60 gross with NOI annually of an estimated $39,401.60. If only 90% collected. On storage building.
Current cap rate of 10.15%. The units are currently 33% lower cost than the majority of units in St Francois county and less than all units in St Francois county. The lot is paved with police patrol regularly due to bank across the street and church next door.
Second building is included. This structure has a one bedroom apartment in rear that is air b n b. It brings in approx. $1000 per month. The office in front is an estimated 260 sq. ft. Two rooms. 63 E School St, Bonne Terre, MO 63628
The total lot with two buildings and parking lot is just over 100 ft x 125 ft
3 year lease was just signed with Shelter Insurance for the office space.
23068882
MLSⓇ ID
November 21, 2023
Listed
November 30, 2024
Updated
Map
63 E School Street
Bonne Terre MO, 63628
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.29 Acres
Roof
Metal
Sewer
Public Sewer
Other Property Details
Area Name
Bonne Terre
Taxes
$1,292
Tax Frequency
Annually
Days on Market
364
Garage
No
Parking
Concrete, Parking Lot
View
No
County
St Francois
Municipality
Bonne Terre
Water Source
Public
Pool
No
Zoning
Commercial
Courtesy of RE/MAX Best Choice , Roberta House
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