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!
Sold
Price Unknown
401 S State St, Drexel, MO 64742
--beds
1baths
--sqft
Quadruplex
Built in 1998
-- sqft lot
$334,200 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: September 08, 2023 at 10:37am
Listing Provided by:
JoLynn Tarantino 816-918-8784,
ReeceNichols - Overland Park
Source: HKMMLS as distributed by MLS GRID,MLS#: 2437744

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Refrigerator, Built-In Electric Oven, Ind Water Heaters
- Laundry: In Basement, Utility Room
Features
- Has basement: No
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Lot
- Size: 0.47 Acres
Details
- Parcel number: 0503.006020005004.000
- Zoning: HI
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Ind Heat And Air, Separate Meters
Community & neighborhood
Location
- Region: Drexel
- Subdivision: Other
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved