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Keagan Marten

keagan@cisler.com +1(217) 710-7047

$ 825,000

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3921 Shenandoah AVE St Louis, MO 63110

5,462 SqFt

UPDATED:

12/24/2024 04:44 PM

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

Construction Status 121

Year Built 1903

Building Age 121

Lot Size 6,168 Sqft

Acres 0.1416

Lot Dimensions irr

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

Fireplace N

Appliance Some Dishwasher(s), Some Microwave(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Wall to Wall Carpet, Washer/Dryer

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 121

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

Listed by Lynne Hart • Real Broker LLC

Keagan Marten

Agent | License ID: 475.206207

+1(217) 710-7047

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Keagan Marten

3921 Shenandoah AVE St Louis, MO 63110

Key Details

Location

Interior

Building

Schools

Others

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3921 Shenandoah AVE