North St. Francois Co. R-I Homes with Apartment Style

North St. Francois Co. R-I Homes with Apartment Style

Welcome to Bonne Terre, Missouri, where the charm of small-town living meets the excellence of the North St. Francois County R-I School District! This vibrant community is not only known for its picturesque landscapes and friendly neighbors but also for its commitment to providing quality education for all students. The North St. Francois Co. R-I School District prides itself on fostering a nurturing environment that encourages academic achievement and personal growth. With dedicated teachers and a range of extracurricular activities, students here are empowered to explore their interests and reach their full potential.

As you consider making Bonne Terre your home, you’ll find a variety of housing options that cater to diverse lifestyles. Among these, apartment-style homes are particularly appealing for those seeking convenience and community. These residences offer spacious living arrangements, often featuring modern amenities and easy access to local parks, shops, and schools. Living in an apartment-style home in Bonne Terre means you can enjoy a low-maintenance lifestyle while still being part of a close-knit neighborhood.

With the North St. Francois Co. R-I School District just a stone's throw away, families can rest easy knowing their children will receive a top-notch education. Whether you’re a young professional, a growing family, or looking to downsize, Bonne Terre’s apartment-style homes provide the perfect blend of comfort, community, and educational excellence. Come explore the possibilities in this delightful town and discover why Bonne Terre is the ideal place to call home!

Newest North St. Francois Co. R-I Homes with Apartment Style

$2,000,000
26037206 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a 24-unit rental portfolio in Bonne Terre featuring a diverse mix of properties, including one single-family home, duplexes, triplexes, and fourplexes. The portfolio is spread across several streets, including Summit St., E. Johnson St., N. Long St., and D St., providing geographic diversification within the market. Current tenants have been notified of rent increases, with most units moving to $700 per month and one unit currently renting for $850 per month, creating immediate income growth potential. Significant capital improvements have already been completed, including new roofs on all properties and newer siding throughout the portfolio. All properties have been well maintained and are in excellent condition, minimizing deferred maintenance concerns for a new owner. This turnkey investment offers stable cash flow, strong occupancy potential, and the benefit of recent updates, making it an attractive opportunity for investors seeking a well-maintained, income-producing multifamily portfolio.

Bonne Terre
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