Active
3921 Shenandoah Avenue
St Louis, MO 63110
5,462 sqft
$825,000
Details
ENORMOUS 4-Family building in the heart of the prestigious Shaw neighborhood has two 4 bedroom and two 3 bedroom units and is currently producing a 7.1% Cap Rate and NOI of $58,331! Three of the Four Units have been updated in recent years, along with 2 new HVAC and Water Heater Units 2024, Recent Tuckpointing on all sides, Three of Four Units are leased to March or Sept 2025 and on subsidized rent for guaranteed stability. The fourth is Month to month, coincidentally the unit that has not been updated due to a long-term tenant – but that would make it perfect for an owner occupant to move in, add your own touches to your preference and make this your home! Seller not interested+won't consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts. We MAY be able to arrange listing agent accompanied viewings of the basement for serious buyers with proof of funds. Tenants will not be disturbed w/o a contract.
Specs
Type Multi-Family
Square Footage 5,462 sqft
Lot Size 0.14 acres
Year Built 1903
Assoc Fee Paid None
Taxes Paid $4,112
Lots & Building Features
Appliances Some Dishwasher(s), Washer/Dryer, Some Wall to Wall Carpet, Some Smoke Alarm(s), Some Shower Bath(s), Some Range Oven(s), Some Microwave(s)
Assoc Fee Paid None
Construction Brick
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description Additional Parking, Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions irr
Room Details
Misc Description Basement, Other
Get Directions
Area
City St Louis
County St Louis City
School District St. Louis City
Subdivision Tyler Place Add
Schools
Elementary School Mann Elem.
Junior High School Long Middle Community Ed. Center
Senior High School Roosevelt High