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!

Property Features

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