3405 Cherokee St, St Louis, MO 63118

$349,900

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List Price
$349,900
Days on Site
1
MLS#
26069915
Status
ACTIVE
Lot Size
3,136
Acres
0.07
Year Built
1895
Subdivision
Benton Park West
Municipality
St. Louis City
County
St Louis City
Year Built
1895
Listing Type
Multifamily

Property Description

Excellent investment opportunity along the Cherokee Street corridor! This three-family building offers three spacious apartments, each featuring two bedrooms, one bathroom, in-unit laundry, 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!

Additional Information

School District
St. Louis City
Elementary School
Froebel Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Parking Description
Off Street
Cooling
Central Air, Electric
Heating
Electric, Forced Air
Water
Public
Selling Terms
Cash, Conventional, Private

Listing courtesy of Timothy Burgess. Worth Clark Realty

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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