3921 Shenandoah AVE new Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63110
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,462 sqft
Price per Sqft $149
Subdivision Tyler Place Add
MLS Listing ID MIS24067005
Year Built 1903
Lot Size 6,168 Sqft
Property Sub-Type 2-4 Units
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 7.2% Cap Rate with 10.3% Proforma and Current NOI of $58,331! 3 of 4 Units have been updated in recent years, along with 2 new HVAC & Water Heaters 2024, Recent Tuckpointing on all sides, 3 of 4 units are subsidized rent for guaranteed stability. The 4th is MTM, 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 and 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-mo
Area 3 - South City
Interior
Heating Forced Air,Natural Gas
Cooling Central Air,Electric
Exterior
Parking Features false
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
Special Listing Condition Standard
Virtual Tour https://www.dropbox.com/scl/fi/6rxnaj9zgz0kdsjlul70w/2023-04-22-09.58.33.mp4?rlkey=ly0egca3rzt0g96qkpgq46oby&dl=0