$351,000
BEDS
--
BATHS
--
SQFT
--
ACRES
0.29
Active MLS # 23068882 | Listed by RE/MAX Best Choice
Active MLS # 23068882 | Listed by RE/MAX Best Choice
63 E School Street is a $351,000 home on a 0.29 acre lot located in Bonne Terre, MO.
Seller’s Description
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.
Features
INTERIOR
| Cooling Types | Electric |
| Heating Types | Forced Air |
EXTERIOR
| Parking Types | Concrete Parking Lot |
| Exterior Features | Apartment Mixed Use Office Professional Service Self Storage Ameren Close Of Escrow Negotiable City Street None Cable Available Electricity Available Sewer Available Water Available |
| Construction Types | Conventional |
| Water Source | Public |
| Sewer | Public Sewer |
PROPERTY
| Property Type | Commercial Sale |
| Property Sub Type | Commercial & Indr. |
| Year Built | 1988 |
| HOA Fee | $0.00 |
| Taxes | $1,292.00 |
| County | st francois |
| Neighborhood | None |
This information is from sources deemed reliable but not guaranteed. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Data last updated 09/10/2024 at 07:33am MDT.
