Sold for $210,000 – Excellent investment opportunity on burgeoning Cherokee Street! This fully occupied 4800 sq ft. building has four true 2 bedroom units and is producing $2800 per month. The building was completely rehabbed in 2012 and has all new kitchens, baths, plumbing, electrical, HVAC, and roof. The units have large bedrooms and great overall space making them very desirable to prospective tenants. Both top floor units have a bonus room that could be an extra sleeping area. Within blocks of some of the most popular restaurants and bars in South City including Tower Taco, La Vallesana, and Fortune Teller. Cherokee Street is coming up in a big way and this is your opportunity to buy in while its still affordable with a building that will need very limited maintenance for many years to come. Cherokee Street is exceptionally walkable and its in the midst of a major development boom. The size and layout of this building make it one of the premier multi-family opportunities in the Cherokee area. |
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