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3921 Shenandoah Avenue

St Louis, MO 63110

Property Overview
Price: $825,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 24067005
Property Description
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!
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Featured Agent
Wendy Schulze
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