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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2488510
Sold Date 07/09/24
Originating Board hmls
Year Built 1970
Annual Tax Amount $3,645
Lot Size 9,799 Sqft
Acres 0.22495408
Property Description
GREAT investment opportunity nestled in the heart of Grandview, Missouri. This four-plex boasts a classic brick exterior for low maintenance. Situated in a desirable location, this property offers convenience, comfort, and excellent potential for the savvy investor.
Each of the four units features two bedrooms and one bathroom, providing ample space for tenants to live comfortably. The layout of each unit is thoughtfully designed to maximize functionality and privacy. Spacious room sizes and closets including additional storage closet in each unit. 2 units with newer paint, carpet, tile, bath/kitchen updates- 2 units needing updated.
With separate utilities for each unit, tenants enjoy the convenience of managing their own expenses, while the seller provides a trash service and lawn maintenance.
The property has been well maintained, with the seller investing in essential updates and repairs over their ownership including 2 newer AC units some new paint, carpet, tile in 2 units.
Currently, all tenants are on month-to-month leases, offering flexibility for new ownership to adjust rental terms as desired. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking a lucrative opportunity, this property presents endless possibilities.
Don't miss out on the chance to acquire this prime real estate in Grandview. Act swiftly to seize this rare opportunity and make this four-plex your next successful investment venture! *COURT ORDERED SALE* DO NOT DISTURB TENANTS!
Location
State MO
County Jackson
Zoning QUAD
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Refrigerator, Built-In Electric Oven
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 Brick & Frame
Schools
High Schools Grandview
School District Grandview
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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