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63 E School Street, Bonne Terre, MO 63628
$395,000
63 E School Street, Bonne Terre, MO 63628View this property at 63 E School Street, Bonne Terre, MO 63628
63 E School StreetBonne TerreMO63628
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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.
Full Property Details
Full Property Details for 63 E School St
General
- Price: $395,000
- Taxes: $1,292 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 23068882
- Updated: 4/10/2024
- Added to Site: 160 day(s) ago
Parking
- Parking Features: Concrete, Parking Lot
Location
- Area: Bonne Terre
- County: St Francois
- Township: Bonne Terre
- Subdivision: None
- Cross Streets: Mound
- Driving Directions: Hwy 67 South to Bonne Terre, West on Hwy 47, Left on Allen St, Right on School Street, building is on the Left.
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Water Available, Sewer Available
Structural Information
- Roof: Metal
- Current Bldg. Use: One Story, Apartment, Mixed Use, Office, Professional Service, Self Storage
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.287
- Lot Size (Sq. Ft.): 12,502
- Lot Size Source: County Records
- Frontage: City Street
- Zoning: Commercial
Financial Considerations
- Tax Amount: $1,292
- Tax Year: 2022
- Terms: Cash Only, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: None
- Legal Description: SUR RTS LOT 9 BLOCK 20 CITY OF BONNE TERRE
- Inclusions: Building Only
- Disclosures/Reports: Unknown, Flood Plain No
- Property ID: 07-60-14-01-023-0007.00
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Schools
Schools serving 63 E School St
School District:North St. Francois County R-I School District
Rating | Name | Grades | Distance |
---|---|---|---|
North County Primary School
405 Hillcrest St, Bonne Terre, MO 63628 | PK-2 | 1.3 mi | |
100 N Parkside St, Desloge, MO 63601 | 3-4 | 3.7 mi | |
7151 Raider Rd, Bonne Terre, MO 63628 | 9-12 | 1.8 mi | |
Unitec Career Center
7163 Raider Rd, Bonne Terre, MO 63628 | 10-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 63 E School St
Date
Details
Price
Change
Source
4/10/2024
Price Reduced
$395,000
-1.25%
MLS
11/21/2023
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 63 E School St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,388
8%
$22,640
8%
2021
$1,290
—
$20,950
—
2022
$1,292
—
$20,950
-9%
2021
$1,290
-10%
$22,950
—
2019
$1,426
10%
$22,950
—
2018
$1,302
—
$22,950
—
2017
$1,302
-4%
$22,950
-4%
2016
$1,361
—
$24,020
—
2015
$1,361
—
$24,020
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 63 E School St
63 E School Street, Bonne Terre, MO 63628 (MLS# 23068882) is a Commercial property. 63 E School Street is currently listed for $395,000 and was received on November 21, 2023. Want to learn more about 63 E School Street? Do you have questions about finding other Commercial real estate for sale in Bonne Terre? You can browse all Bonne Terre real estate or contact a Coldwell Banker agent to request more information.