3921 Shenandoah AVE, St Louis, MO 63110 – 24067005

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Nancho Rodriguez

nancho@stlhometown.com +1(314) 297-6494

$799,900

Est. payment - /mo

5,462 SqFt

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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 $146

Subdivision Tyler Place Add

MLS Listing ID 24067005

Style Other

Year Built 1903

Annual Tax Amount $4,112

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 7.3% 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, 1 New AC 2025. 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

Area 3 - South City

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Electric

Fireplace N

Appliance Gas Water Heater

Exterior

Parking Features false

View Y/N No

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, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Standard

Virtual Tour https://www.dropbox.com/scl/fi/6rxnaj9zgz0kdsjlul70w/2023-04-22-09.58.33.mp4?rlkey=ly0egca3rzt0g96qkpgq46oby&dl=0

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Listed by Lynne Hart • Real Broker LLC

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Nancho Rodriguez

+1(314) 297-6494

Agent | License ID: 2018006602

Agent License ID: 2018006602

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3921 Shenandoah AVE St Louis, MO 63110

Nancho Rodriguez

Key Details

Location

Interior

Exterior

Building

Schools

Others