1904 Cherokee features two 3-unit buildings, located in Benton Park. Every unit is a 1bed/1bath that is fully renovated with granite counters, in-unit washer/dryer, tiled bathrooms & natural wood or vinyl flooring. This property currently brings in $6,925/month or $83,100/year in rental income. The all-brick exterior will look beautiful for… Read More decades to come. This property is walkable to coffee shops, fine dining, Gus's Pretzels, a record bar & more. This property is 100% leased, must call agent to tour. The seller refinanced the property in 2024 and has an appraisal for $760,000 that can be shared. This property is aggressively priced to sell as the owner needs to take his equity out to be able to begin a new construction project. Read Less
Listing courtesy of The Agency, 6771477.
Listing Snapshot
Days Online
59
Last Updated
Property Type
Multi-Family 2-4
Lot Size
0.07 Acres
Year Built
1890
MLS Number
25012992
Additional Details
Building
Building Age: 135, Building Description: Other, Year Built: 1890
Community
Neighborhood: Benton Park West
Cooling
Cooling: "Electric"
Disclosures
Disclosures: "Unknown", "Limited Seller Discl"
Expenses
Operating Expense Includes: "Other"
Heating
Heating: "Forced Air", Heating Included, Heat Source: Gas
Income
Net Operating Income: 62412
Lot
Lot Size Acres: 0.0717, Lot Size Dimensions: 25x125, Lot Size Square Feet: 3123 Sq.Ft.
Parking
Features: "On Street"
Property
Type of Units: 3-Family, Property Sub Type: Multi-Family 2-4
Sewer
"Public Sewer"
Taxes
Annual Tax Amount: 907, Tax Year: 2023
Tenant Pays
Tenant Pays: "Electricity", "Gas", "Other"
Utilities
Water Source: "Public"
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