$450,000
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401-407 S Forest AVE Sugar Creek, MO 64054
1.79 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Mc Cormick Add
MLS Listing ID 2496771
Sold Date 10/29/24
Year Built 1974
Annual Tax Amount $5,945
Lot Size 1.790 Acres
Acres 1.7895317
Property Sub-Type Quadruplex
Source hmls
Property Description
** BACK ON MARKET DUE TO BUYER FINANCING ** Welcome to Sugar Creek, Missouri, where an exceptional opportunity awaits in the form of a meticulously maintained 4plex complemented by an additional plot of land primed for development! Nestled within this burgeoning community, this multifamily gem showcases a blend of 1x two and 3x three-bedroom units, with approximately 80% of the property boasting recent renovations. Cosmetic remodeling done on all 4 units! Step inside to discover a harmonious fusion of modern convenience and timeless charm, with upgrades including new flooring, stainless steel appliances, updated AC units, tastefully remodeled bathrooms, and a fresh coat of paint throughout. Whether you're a savvy investor seeking to expand your portfolio or a discerning homeowner with an eye for value, this property presents an enticing proposition. With its strategic location and income potential, it's tailor-made for a house hacker looking to offset mortgage costs while enjoying the benefits of multifamily ownership. But the allure doesn't end there. Adjacent to the existing 4plex lies a blank canvas of land, perfectly positioned for the construction of six additional duplexes. Imagine the possibilities of creating your own enclave within this thriving community, tailored to meet the demands of today's discerning renters or homeowners. Conveniently situated in Sugar Creek, residents will relish easy access to a myriad of local amenities, including shopping, dining, parks, and top-rated schools, ensuring a lifestyle of both comfort and convenience. Don't miss out on this rare opportunity to own a piece of Sugar Creek's burgeoning real estate landscape. Seize the moment and make your mark with this unparalleled investment opportunity!
Location
State MO
County Jackson
Zoning C-0
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Microwave, Built-In Electric Oven, Stainless Steel Appliance(s)
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 1
Sewer City/Public
Water Public
Structure Type Concrete,Wood Siding
Schools
School District Independence
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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