Apartment Style
19 E Johnson Street
Bonne Terre, MO 63628
MLS#: 26037206
$2,000,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1995
Sq.Footage
3,328
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Off Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.273
-
Lot Size(square feet)
11891.88
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style
Price
-
Sales Price
$2,000,000
-
Tax Amount
$1,529
-
Sq. Footage
3, 328
-
Price/SqFt
$600
HOA
-
Association
No
School District
-
Elementary School
Intermediate School
-
Middle School
North Co. Middle
-
High School
North Co. Sr. High
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St. Francois
Elementary School
Intermediate School
Middle School
North Co. Middle
High School
North Co. Sr. High
Listing Courtesy of Jared Gidney , Gidney Legacy Estates Realty, LLC
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