4 Family Turnkey Investment Off Cherokee

This turnkey 4-unit multi-family property in the heart of the Cherokee neighborhood, is fully rented with a great history of long term tenants. It would be a great choice for your next real estate investment. Each unit offers a private 1 bed, 1 bath layout with a strong mix of historic character and modern functionality with a current average rent of $818 a month. Major improvements include updates to electric, plumbing, stacks, modern central HVAC, and a newer roof. Interiors feature original hardwood floors and historic woodwork paired with updated kitchens and baths. Tenants also enjoy private rear decks and basements with individually locked storage spaces and dedicated washer/dryer hookups for each unit. Located on a one-way street directly connected to Cherokee Street’s thriving business and entertainment district, this property offers strong tenant appeal in a highly desirable South St. Louis location.