"TRUE Turnkey" Triplex of 2/1's in St. Louis

[Linda Aumiller]

This completely renovated triplex is located at 3405 Cherokee St. in the Benton Park West district of St. Louis, MO. Perfect turnkey multi-family opportunity for immediate income. This property is very walkable to neighborhood restaurants, bars and popular eateries and is central to the popular Tower Grove South and Soulard hot spots. Short walk to neighborhood grocery, public library along with easy access to public transportation or bike to Gravois and Tower Grove parks.

Built in 1895, this brick two story with walkout basement has been totally gutted and now features an open floorplan with 3,165 sf with two bedrooms and full bath on each level. All new all electric units, no gas. All systems new including individual furnaces and A/C, an new plumbing. Beautiful open units will provide low turnover and vacancy rates. Two off street parking spaces next to the fully fenced yard. Move now to fill these apartments during the peak rental season!

Cap Rate 9.8%

EM Due 5/10/2018
Due Diligence Ends 5/11/2018
Closing 6/01/2018