Multi-Family for Sale: 1904 Cherokee Street, St Louis, MO 63118

$760,000
$760,000
1904 Cherokee Street, St Louis, MO 63118
$760,000
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Price:
$760,000

Type Multi-Family
Lot Size 0.07 acres
Year Built 1890
Taxes Paid $907

City St Louis
County St Louis City
School District St. Louis City
Subdivision Julia C Soulards Add 02

MLS 24073702
Status Active
DOM 26 days
6 apartment units in beautiful Benton Park, fully leased and currently generating $6,925/month in income. This property brings in $83,100/annually and with the expenses being $16,532/annually, this makes the in-place cap rate an attractive 8.21%. Every unit is fully updated with in-unit laundry, hardwood floors & nice finishes throughout. The Benton Park location is walking distance to Benton Park Cafe, Venice Cafe, Blue City Deli, Saturn Lounge Record Bar, Gus’s Pretzel, Peacemaker Lobster & Crab, Frazier’s Restaurant, Imos Pizza, Station #3 Vegan Food, & many more. This sale includes 6 units among 2 buildings with a shared courtyard. All units are 1bed/1bath and rents range from $1025-$1250/month. Amazing investment opportunity to own 6 units in one of the best areas of St Louis City, fully leased with great rents. Brings in $6,925/month currently or $83,100/annually Expenses are $1377/month or $16,532/annually The in-place cap rate is 8.21%

Lot & Building Features

Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 25x125 ft

Community and Schools

Elementary School Monroe Elem.
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High

Price History of 1904 Cherokee Street, St Louis, MO

Date Name Price Difference
11/27/2024 Listing Price $760,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1904 Cherokee Street, St Louis, MO

Location Map Street View
Photo of Riu Murphy
Direct: 314-583-4459
Office
5101 Cabanne Ave
Saint Louis, MO 63113
583-4459
Listed by The Agency, Anthony Klier
$
20%
0.11934210526316%
6.75%
$
$
$
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

1904 Cherokee Street (MLS #24073702) is a multi-family listing located in St Louis, MO. This multi-family listing is on a lot of 3,123 sqft (or 0.07 acres) and is 134 years old. This property was listed on 11/27/2024 and has been priced for sale at $760,000.

Nearby zip codes are 62204, 63103, 63104, 63111 and 63116. This property neighbors other cities such as Cahokia Heights and East St Louis.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: The Agency

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