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About the Listing RLBR01 - LHHERRER
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.
Listing Highlights for 3921 Shenandoah Ave
Status
Active
Days on Site
321
Property Type
Multi-Family
MLS ®
24067005
Year Built
1903
Total Square Footage
5,462
Lot/Acreage
0.14
County
St Louis City
Neighborhood
Tyler Place Add
Area
3 - South City
School District
St. Louis City
Elementary School
Mann Elem.
Middle School
Long Middle Community Ed. Center
High School
Roosevelt High
Interior Details
- Bedrooms: 14
- Bathrooms: 4 Full
- Appliances: Gas Water Heater
- Air Cond: Central Air,Electric
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5462
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: irr
- Roof:
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Additional Parking,Off Street
Financial Details
- Tax Amount: $4,112
- Taxes w/Assessments: N/A
- Tax/Property ID: 4917-00-0290-0
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
3921 Shenandoah Ave St Louis, MO 63110
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