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Key Details
Sold Price $329,000
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other
MLS Listing ID 2437744
Sold Date 09/06/23
Year Built 1998
Annual Tax Amount $2,022
Lot Size 0.468 Acres
Acres 0.46831957
Property Description
Introducing a fantastic investment opportunity in the heart of Drexel, Missouri! A remarkable 4plex that combines convenience, charm, and the potential for lucrative returns. This property is perfectly suited for investors looking to capitalize on the growing demand for rental properties in this desirable location. Situated on a prime corner lot, this 4plex showcases an attractive exterior that invites tenants to explore what lies within. Each unit offers 2 bedrooms and 1 bath. The location on State St ensures excellent visibility and accessibility, making it highly desirable for potential tenants. Each unit boasts large windows that fill the rooms with abundant natural light, creating a bright and welcoming ambiance throughout. Tenants will appreciate the convenience of in-unit laundry facilities. The town's proximity to major highways allows for easy travel to nearby cities, ensuring convenience for tenants who work or study in the surrounding areas. Outside, the property offers ample parking spaces, ensuring convenience for both residents and visitors. The expansive lot provides potential for further development (another 4plex or storage units would be ideal to add more income/value) or outdoor amenities, such as a patio or green space, adding value to the property and enhancing its appeal. Whether you are an experienced investor or new to the real estate market, this 4plex offers the potential for attractive rental income and long-term appreciation. Schedule a showing today and seize the chance to secure a promising investment in a thriving community!
Location
State MO
County Cass
Zoning HI
Rooms
Basement false
Interior
Heating Electric
Cooling Electric
Fireplace N
Appliance Refrigerator, Built-In Electric Oven
Laundry In Basement, Utility Room
Exterior
Garage false
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Frame
Schools
School District Drexel
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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