3921 Shenandoah AVE Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63110
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 5,462 sqft
Price per Sqft $151
Subdivision Tyler Place Add
MLS Listing ID 24067005
Year Built 1903
Building Age 121
Lot Size 6,168 Sqft
Property Description
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.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Mann Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash Only,Conventional,Specl Fincg Call Agt
Listing Terms Cash Only,Conventional,Specl Fincg Call Agt
Special Listing Condition Rehabbed,None