3182 S Cherokee Street

This property offers so much opportunity. Perfectly located in central Englewood's SoBo district. Situated on a quiet street but only a few blocks (and absolutely walkable) to dozens of restaurants, shops, and grocery! Bike paths, Englewood light rail station and Cushing Park just steps away! The 1752 Sqft main house features 4 bedrooms, 2 bathrooms. Plus, there is a 513 Sqft ADU out back (currently leased thru April 2025 for $1375/mo.) Occupy the main house and use the ADU income to help with your payment or easily lease both for great cash flow! The main home features brand new carpet throughout, a large eat-in kitchen w/huge walk-in pantry! Private fenced yard with sheds for both the main home and ADU. Yes, we know there are still updates needed to kitchen & baths and it's priced accordingly. The opportunity comes when you finish those updates to build some real equity or increased cash flow! Call for more info or to come take a look! Note: Due to tenant privacy, the ADU will only be shown when property is under contract during buyer's inspection process. Meanwhile the interior pics are available property photos. Buyer acknowledges sellers will be participating in a 1031 Tax Deferred Exchange.

Listing Office: RE/MAX PROFESSIONALS