New Listing3405 Cherokee Street,St Louis, MO 63118
St Louis, MO 63118
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!
Details
| MLS # | 26069915 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 2 |
| Listing Provided By | Worth Clark Realty | Timothy Burgess |
Features
| SQ Feet | 3,165 |
|---|---|
| Basement | Y |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.07 |
Interior
| Cooling | Central Air, Electric |
|---|---|
| Heating | Electric, Forced Air |
| Appliances | Electric Water Heater |
Exterior
| Construction Materials | Brick |
|---|---|
| Lot Features | City Lot |
| Fencing | Full |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Off Street |
Location
| Senior Community Yes / No | No |
|---|
Taxes
| Property | 1209 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63118 |
| Area | Central East |
| Community Name | Benton Park West |
| School District | Roosevelt High |
| Elementary School | Froebel Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Benton Park West) | |
Price: $349,900 low | high Med: $299,000 sqft: 3,165 low | high Med: 1,838 $ / sqft: $111 low | high Med: $163 On site: 2 low | high Med: 101 | |
Market Activity 63118
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63118 |
| Area | Central East |
| Community Name | Benton Park West |
| School District | Roosevelt High |
| Elementary School | Froebel Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Benton Park West) | |
Price: $349,900 low | high Med: $299,000 sqft: 3,165 low | high Med: 1,838 $ / sqft: $111 low | high Med: $163 On site: 2 low | high Med: 101 | |
