11
See all 11 photos
$1,500,000
Est. payment /mo
3.47 Acres Lot
New
901 Grove ST Bonne Terre, MO 63628
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Verdmont Rose Estates
MLS Listing ID 26046036
Year Built 2011
Annual Tax Amount $4,825
Lot Size 3.470 Acres
Acres 3.47
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
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
Location
State MO
County St. Francois
Area 705 - Bonne Terre
Interior
Heating Forced Air
Cooling Central Air
Flooring Laminate, Tile
Fireplace N
Appliance Electric Cooktop, Dishwasher, Freezer, Oven, Electric Oven, Refrigerator
Laundry In Hall
Exterior
Utilities Available Cable Available, Electricity Available, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N No
Building
Water Public
Structure Type Vinyl Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is
Listed by Randi Welch • Coldwell Banker Realty - Gundaker
NEARBY SCHOOL & BUSINESS
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