63 E School Street , Bonne Terre, MO 63628
Bonne Terre, MO 63628
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.
Details
| Mls | 23068882 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1988 |
| Days On Site | 383 |
| Listing Provided By | RE/MAX Best Choice | Roberta House |
Features
| Zoning | Commercial |
|---|---|
| Acreage | 0.29 |
Listings courtesy of Maris MLS as distributed by MLS GRID.
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| State | MO |
|---|---|
| County | St Francois |
| City | Bonne Terre |
| Zip Code | 63628 |
| Area | Bonne Terre |
| Listing VS Median (in 63628) | |
Price: $349,000 low | high Med: $212,400 On Site: 383 low | high Med: 94.500000 | |