$1,500,000
901 Grove Street
Bonne Terre, MO 63628 · MLS#: 26046036
Listing brokerage: Coldwell Banker Realty - Gundaker · 636-931-2211 · Agent: Randi Welch
About this home
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
Property details
- County
- St. Francois
- Subdivision
- Verdmont Rose Estates
- Lot size
- 3.47 acres
- Days on market
- 20
- Annual taxes
- $4,825
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Electric Cooktop, Dishwasher, Freezer, Oven, Electric Oven, Refrigerator
- Flooring
- Laminate, Tile
Location
Listing courtesy of Coldwell Banker Realty - Gundaker · MLS#: 26046036. Data provided by MARIS MLS; deemed reliable but not guaranteed.
