1079 Cherokee Rd
About this property
Located in the highly desirable Cherokee Triangle neighborhood of The Highlands, this triplex offers a rare opportunity to own an income-producing property surrounded by the historic homes and tree-lined streets of Cherokee Road. The property consists of three units: Unit 1 features 2 bedrooms and 1 bathroom, Unit 2 offers 1 bedroom and 1 bathroom, and Unit 3 includes 2 bedrooms and 1.5 bathrooms. All three tenants are long-term, month-to-month residents with rents currently below market, providing a value-add opportunity for investors seeking to increase revenue over time. Utilities are landlord-friendly, with LG&E individually metered and water expenses billed back to the tenants. Perfect for an individual to live in one unit and rent out the other two.
About this property
Located in the highly desirable Cherokee Triangle neighborhood of The Highlands, this triplex offers a rare opportunity to own an income-producing property surrounded by the historic homes and tree-lined streets of Cherokee Road. The property consists of three units: Unit 1 features 2 bedrooms and 1 bathroom, Unit 2 offers 1 bedroom and 1 bathroom, and Unit 3 includes 2 bedrooms and 1.5 bathrooms. All three tenants are long-term, month-to-month residents with rents currently below market, providing a value-add opportunity for investors seeking to increase revenue over time. Utilities are landlord-friendly, with LG&E individually metered and water expenses billed back to the tenants. Perfect for an individual to live in one unit and rent out the other two.
Features and Additional Information
Presented By Coldwell Banker McMahan
Area Information
02 Butchertwn | Hghlnds | Germantwn | Jefferson County | HENNING & SPEEDS
Schools in the Area
-
turned_in
Elementary School
-
turned_in
Middle School
-
turned_in
High School
Want to See More Listings in the Area?
Brokerage: GRISANTI GROUP COMMERCIAL REAL ESTATE