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    3147 Cherokee Street

    St Louis, MO 63118
    • $350,000
    • STATUS: Active
    • ON SITE: 47 days
    • ID#: 20033888
    UPDATED: 70 min ago
    $350,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,752
      SQFT
    • $127
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:

    Description

    Excellent opportunity to own this completely updated (and occupied) mixed-use building on lively Cherokee Street! The main floor is a restaurant with bar area, kitchen, spacious dining area & great outdoor patio space. The 2nd floor is a beautiful, 2BR apartment with 3rd bonus. Large living room with exposed brick, glowing hardwood floors, high ceilings & updated fixtures. The gorgeous kitchen has newer cabinets, counters, appliances, & tile floors. Private laundry. Rear BR has newer carpet, while front BR has beautiful hardwood. The bonus room would make a great home office/3rd BR. The bathroom has also been updated and even includes a jetted tub! The rear has off-street parking lot for the tenants. The building has been very well maintained. Restaurant leased through March of 2022. Apartment currently being rented month-to-month (were buyer wanting to be owner occupant), however tenant has expressed interest in staying long term. 2019 financials in attachments showing 7.7 Cap rate.

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    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-07-09T18:49:17.24.

    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
    www.beckyoneill.com/homes/106131419
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    3147 Cherokee Street St Louis, MO 63118

    • Price: $350,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 20033888
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,752
    SQFT
    $127
    $/SQFT
    1909
    Built
    Neighborhood:
    Mcadaras Add
    County:
    St Louis City
    Area:
    Central East
    Elementary School:
    Froebel Elem.
    Middle School:
    Long Middle Community Ed. Center
    High School:
    Roosevelt High
    School District:
    St. Louis City
    Property Description
    Excellent opportunity to own this completely updated (and occupied) mixed-use building on lively Cherokee Street! The main floor is a restaurant with bar area, kitchen, spacious dining area & great outdoor patio space. The 2nd floor is a beautiful, 2BR apartment with 3rd bonus. Large living room with exposed brick, glowing hardwood floors, high ceilings & updated fixtures. The gorgeous kitchen has newer cabinets, counters, appliances, & tile floors. Private laundry. Rear BR has newer carpet, while front BR has beautiful hardwood. The bonus room would make a great home office/3rd BR. The bathroom has also been updated and even includes a jetted tub! The rear has off-street parking lot for the tenants. The building has been very well maintained. Restaurant leased through March of 2022. Apartment currently being rented month-to-month (were buyer wanting to be owner occupant), however tenant has expressed interest in staying long term. 2019 financials in attachments showing 7.7 Cap rate.
    Exterior Features

    Building Desc Apt/Interiorentrance Construction Brick/Stone Msn Pred Lot Dimensions .1 Parking Description On Street Parking

    Interior Features

    Cooling Central-Electric Heat Source Gas Heating Forced Air Water Heater Gas

    Property Features

    Association St. Louis Association of REALTORS Conditions Unknown Disclosures Code Compliance ReqdOccupancy Perm ReqSellers Discl. Avail Fixed Expenses SewerTaxes Gross Operating Income 0.00 Lot Size Source County Records Net Income 0.00 Operating Expenses Maintenance Ownership Private Possession At Closing Possible Buyer Fees YN No Property Type Multi-Family 2-4 Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 3116 Tenancy Type Month To Month Tenant Pays All Utilities Total Expenses 0.00 Transaction Type Sale Type Of Units 2-Family Water Public

    Listing provided courtesy of Re/Max Vision. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-07-09T18:49:17.24.

    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
     
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    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS
    13208 Manchester Road
    St. Louis MO, 63131