Investment opportunity! This is one of the largest 4-family buildings in south city, 5600 sq ft, and sits directly on red hot Cherokee Street! Each 2 bedroom unit is roughly 1400 sq ft. Total expected monthly rent is $3200. 2 units currently rented. Upper units have an office or small 3rd bedroom. The parcel also includes as 25x130 ft side lot and two 2 car garages. The units retain much of the original character with original trim/moldings and doors. Building also features forced air, newer gas furnaces, new a/c's, circuit breakers and plumbing updates. A block away from Cherokee's central business district which has many restaurants, shops, art galleries, and live music. This location is a short bike ride to Tower Grove & Benton Park. Side lot also represents one of the only opportunities to control a buildable lot anywhere on Cherokee Street. Cash flow? Townhouse Conversion plus new build? Possibilities are endless!
|DAYS ON MARKET||12||LAST UPDATED||2/15/2018|
|TRACT||Benton Park West||YEAR BUILT||0|
|COMMUNITY||Central East||COUNTY||St Louis City|
|STATUS||Pending||PROPERTY TYPE(S)||Multi Family|
|School District||St. Louis City|
|Elementary School||Froebel Elem.|
|Jr. High School||Fanning Middle Community|
|High School||Roosevelt High|
|AIR||Ceiling Fan, Central-Electric|
|CONSTRUCTION||Brick/Stone Msn Pred|
|EXTERIOR||Balcony, Basement, Deck, Fencing, Laundry Facl-Commty, Storage Room Avail|
|HEAT||Forced Air, Gas|
|INTERIOR||Some Disposal(s), Some Range Oven(s), Some Refrigerator(s), Some Smoke/Alarm Det, Some Storm Doors, Some Storm Windows, Some Wall to Wall Cp, Some Window Treatmnt|
|LOT||8843 sq ft|
|PARKING||3-4 Car Detached Grg,Off Stree|
|SUBDIVISION||Benton Park West|
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