REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

May

Sun

May

Mon

May

Tom Daugherty

Cisler & Associates Real Estate Inc.

tom@cisler.com +1(618) 910-4009

$ 815,000

Est. payment -/mo

Save Virtual Tour

New

3921 Shenandoah AVE St Louis, MO 63110

5,462 SqFt

UPDATED:

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

Acres 0.1416

Lot Dimensions irr

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

Fireplace N

Appliance Gas Water Heater

Exterior

Parking Features false

Building

Sewer Public Sewer

Water Public

Architectural Style Other

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

Listed by Real Broker LLC

Tom Daugherty

Agent | License ID: 475.174152

+1(618) 910-4009

GET MORE INFORMATION

Quick Search

Tom Daugherty

3921 Shenandoah AVE St Louis, MO 63110

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

3921 Shenandoah AVE