401-407 S Forest Avenue Sugar Creek, MO $ 485,000
401-407 S Forest Avenue
$ 485,000
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401-407 S Forest Avenue

Sugar Creek, MO, 64054
$ 485,000
Baths0.0

Monthly Estimate*

$ 3,388

401-407 S Forest Avenue, Sugar Creek, MO 64054 - Image 1
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Studio

Multi-Family Home for sale in Sugar Creek, MO

for $485,000. This home was built in 1974 on a lot size of 1.78953.

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 two and three-bedroom units, with approximately 75% of the property boasting recent renovations. 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!

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Multi-Family Active

Price

$ 485,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,945

Style

Lot Size

1.78953

Year Built

1974

Town/City

Sugar Creek

County/Region

Jackson

MLS | Web ID

2474228

Features
General
Sewer City/Public
Heating Forced Air
Cooling Electric
Utilities Ind Heat And Air Ind Water Heaters Separate Meters
Possession Funding
Roof Composition
Appliances Microwave Built-In Electric Oven Stainless Steel Appliance(s)
Zoning C-0
HOA 0
Patio/Porch Features Deck
Construction Materials Concrete Wood Siding
Year Built 1974
Property SubType Quadruplex
Assoc Fee Paid Per None
County Jackson
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Mc Cormick Add
Garage Y/N Y
Status Active
Directions Take 435N to exit 59 toward Independence Ave. Merge onto US24E / E Winner Rd. Turn left onto S Forest Ave. Turn right onto E Lexington Ave. Turn right onto Riley Ln.
City Sugar Creek
High School District Independence
Total Units 4
MLS Area 206 - Independence Area
Lot Size Square Feet 77952
Street Name Forest
Listing Terms Cash Conventional FHA
Public Remarks 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 withi
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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Exterior
Parking Features Attached Garage Off Street
Water Source Public
Lot Size Area 77952
Lot Size Units Square Feet
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Interior
Total Stories 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Street Suffix Avenue
Unit Type 2 Bedroom 3 Bedroom
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* Excluded Features
List By
Executive Asset Realty

Broker

Affordability Calculator

$3,883
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,388
Monthly Property Taxes
$495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
651623 Elementary School
652163 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2024$485,000 -2.98% Price Down
3/12/2024$499,900 -1.98% Price Down
3/6/2024$510,000 -2.86% Price Down
2/28/2024$525,000 Listed Price

Map


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401-407 S Forest Avenue, Sugar Creek, MO, 64054 is a Multi-Family Home for sale at $485,000 with a lot size of 1.78953. 401-407 S Forest Avenue is a studio with 0.0 baths and was built in 1974. The property's zip code is 64054 which is in Sugar Creek, MO