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Unique opportunity in the Cherokee neighborhood. Only one block off of vibrant Cherokee Street. 1 bedroom, 1 bath units. 4-family originally built in 1893.Tons of original charm. Some original hardwood floors, some old school gas-burning fireplace fronts. Some of the original pocket doors remain. Recent updates to electrical services, plumbing work, and water heaters. The roof is only 3-4 years old and a TPO 60 roof. Property is Being sold in As-Is condition. A unique opportunity in the Cherokee neighborhood. Potential abounds with this property! Currently, 1/2 of the building is rented. Monthly income of $900 00 a month for the two rented units. The Leases run till the end of December. The other 1/2 is vacant and ready for rehab - renovation. Zillow rent says "fixed up average rent should be $1,060.00 per unit per month. Potential for $4,260 or more per month. A great-looking property at a little over $30K a door. The Building is 3656 Sq ft or $36.92 @ Sq ft. Comps in the area we've seen $260 + for duplexes after rehab. Please feel free to call the listing agent with any questions. This one won't last long.
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