63 E School Street, Bonne Terre, MO 63628
Commercial Property 
Built in 1988 
0.29acre lot
—— car garage 
$——/sqft 
Listed 1 year ago
Property 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.
- Listing Status:
- Active
- Listing Office:
- RE/MAX Best Choice : 4312210
- MLS ID:
- 23068882
- A/C: Electric
- Heating: Forced Air
This listing courtesy of RE/MAX Best Choice
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
North County Primary School
405 Hillcrest St, Bonne Terre, MO, 63628
Grades PK-2
1.32 miles away
North County Middle School
406 E Chestnut St, Desloge, MO, 63601
Grades 7-8
3.87 miles away
Unitec Career Center
7163 Raider Rd, Bonne Terre, MO, 63628
Grades 10-12
1.69 miles away
