MLS#26046036
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONVerdmont Rose Estates
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
Property Features
Property Type: Commercial -
Cooling: Central Air
Heating: Forced Air
Lot Size: 3.47 Acres
Taxes: $4,825
Year Built: 2011
Feature Descriptions
Appliances: Electric Cooktop, Dishwasher, Freezer, Oven, Electric Oven, Refrigerator
Current Use: Multi-Family
Electric: Ameren
Exterior: Vinyl Siding
Laundry: In Hall
Parcel#: 07-60-14-04-012-0003.00
Tenant Pays: All Utilities
Water: Public
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty - Gundaker
Shown By
Agent Name: Michael Simon
Agent Phone: 314.757.9700
Agency Title: RedKey Realty Leaders
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901 Grove Street | MLS# 26046036
This commercial property located at 901 Grove Street , Bonne Terre, MO 63628 is currently listed for sale with an asking price of $1,500,000. Search Bonne Terre real estate on www.simonsellsstl.com today.