$1,500,000
864 South Madison Street
Strafford, MO 65757
MLS# 60262545



864 South Madison Street, Strafford, MO 65757
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Property Description
You can own a prime piece of development land in Strafford MO! This property currently has 2 homes, 2 outbuildings, and 40 acres that neighbors the City limit on 2 sides. If the property were annexed into the city then water and sewer could be installed and the land could be developed into 120 lots +/-. The land is gently rolling and the all brick walkout basement home is a beautiful home with an astounding fireplace. The 2nd home is a smaller 2 bedroom home with a metal roof. Both properties are currently rented so you could have income coming in while you work through the process of making this a stunning subdivision. There are a few ways this property could be used but where it's located will always make it a great investment. Please DO NOT disturb the tenants.

Details
Contract Information
Property Sub-Type: Development Land
Begin Date: 2024-03-04
Transaction Type: Sale
List Price: $1,500,000
List Price/Acre: 37500
Parent/Child: Parent
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Sign on Property: 1
Location, Tax and Other Information
Street #: 864
Street Direction: South
Street Name/Route: Madison
Suffix: Street
County: Greene
State/Province: MO
Zip Code: 65757
Inside City Limits: No
Subdivision: N/A
Real Estate Tax: 3631.82
Legal Description: S1/2 LOT 5 NW1/4 3/29/20
Elementary School: Strafford
Middle School: Strafford
High School: Strafford
Section: 3
Township: 29n
Tax ID: 88-11-03-212-006
Tax Year: 2023
General Property Description
Lot Size Provided By: tax
Aprx Lot Size (Acres): 40
Waterfront/View: None
Lake/River/Creek: None
Garage/Carport: 1
Total Garage/Carport Stalls: 4
# Attached Garage Spaces: 2
# Detached Garage Spaces: 2
Remarks & Misc
Directions: Strafford 125 exit, turn South. Turn right at the T then first left and then first right onto Madison.
Status Change Info
Status: Active
Listing Info
Owner Agent: Yes
Commission Buyer Agy: 3
Commission Buyer Agy Type: %
Commission Sub Agy: 3
Commission Sub Agy Type: %
Commission Trans Brkr: 3
Commission Trans Brkr Type: %
Home Association Info
HOA: No
Property Features
Will Sell: Cash; Conventional

Listing Office: Alpha Realty MO, LLC

Last Updated: March - 04 - 2024

864 South Madison Street, Strafford, MO 65757 - MLS# 60262545
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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