ENORMOUS 4-Family building in the heart of the prestigious Shaw neighborhood has two four bedroom and two three 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!
Room Features
Misc DescriptionBasement, Other
Virtual Tours for 3921 Shenandoah Avenue St Louis, MO
3921 Shenandoah Avenue (MLS #24067005) is a multi-family listing located in St Louis, MO.
This multi-family listing is 5,462 sqft and on a lot of 6,168 sqft (or 0.14 acres) and is 121 years old. This property was listed on 10/23/2024 and has been priced for sale at $825,000.
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