901 Grove St, Bonne Terre, MO 63628

$1,500,000

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List Price
$1,500,000
Days on Market
12
MLS#
26046036
Status
ACTIVE
Lot Size
151,153
Acres
3.47
Year Built
2011
Subdivision
Verdmont Rose Estates
Municipality
Bonne Terre
County
St. Francois
Listing Type
Commercial

Property Description

Exceptional investment opportunity featuring a well-maintained duplex community with units built as recently as **2024**. The development was officially renamed **Rose Dr. in 2025** and offers immediate upside for investors or developers alike. This established property includes attractive apartment duplexes with **significant expansion potential**. Multiple additional duplex sites are already planned, with **water and electric infrastructure already installed**, allowing a new owner to begin construction without the expense of extending utilities. Located in a desirable setting with modern residences, paved streets, and room for continued growth, this is a rare chance to acquire both current income-producing units and future development opportunities in one package. Whether you're looking to expand your rental portfolio or complete the vision of this growing community, the groundwork has already been laid. **Highlights:** * Apartment duplex community * Some units built as recently as **2024** * Community renamed **Rose Dr. in 2025** * Utilities (water and electric) already run for future expansion * Room to build several additional duplexes * Paved streets and established infrastructure * Excellent long-term investment and income potential

Additional Information

Appliances
Electric Cooktop, Dishwasher, Freezer, Oven, Electric Oven, Refrigerator
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty - Gundaker.

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