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63 E SCHOOL ST BONNE TERRE, MO 63628
- Commercial / Resale (MLS)
Property Details for 63 E SCHOOL ST, BONNE TERRE, MO 63628
Features
- Lot Size: 0.287 acres
- Stories: 100
- Heating: Forced Air Heating
Facts
- Year Built: 01/01/2023
- Property ID: 877903920
- MLS Number: 23068882
- Parcel Number: 07-60-14-01-023-0007.00
- Property Type: Commercial
- County: St Francois
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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.
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Property Brokerage:
RE/MAX Best Choice
3318 Conway Rd
Farmington
MO
63640
Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.