Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1895
Sq.Footage
3,165
Excellent investment opportunity along the Cherokee Street corridor! This three-family building offers three spacious apartments, each featuring two bedrooms, one bathroom, generous living areas, and open floor plans. Previously renovated throughout, the property features updated kitchens with granite countertops and stainless steel appliances, attractive bathrooms with contemporary tile finishes, and individual electric heating and cooling systems. The main and upper-level apartments also offer convenient breakfast bars. Outside, you'll find a fully fenced yard and rear parking pad accommodating two vehicles. All three units are currently leased, generating $3,050 in monthly rental income ($36,600 annually), with additional income potential as the lower-level apartment is currently rented at just $850 per month. Located near the restaurants, shops, and entertainment along Cherokee Street, with convenient access to South Grand and Tower Grove. A great opportunity to add an established, income-producing property to your investment portfolio!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
3165.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
City Lot
-
Lot Size(acres)
0.072
-
Lot Size(square feet)
3,136
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other
Price
-
Sales Price
$349,900
-
Tax Amount
$1,209
-
Financing Options
Cash, Conventional
-
Sq. Footage
3,165
-
Price/SqFt
$110
HOA
-
Association
No
School District
-
Elementary School
Froebel Elem.
-
Middle School
Fanning Middle Community Ed.
-
High School
Roosevelt High
Property Features
-
New Construction
NO
-
Association Amenities
None
-
Ownership
Private
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St Louis City
Elementary School
Froebel Elem.
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Listing Courtesy of Timothy Burgess, Worth Clark Realty
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AGENT
Susan Whittle
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