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3921 Shenandoah Ave

St. Louis MO 63110

4
5462 sq. ft.
6168 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

4 carspaces
5462 sq. ft. floor area
6168 sq. ft. lot size
Multi-Family

Property history for 3921 Shenandoah Ave

2017
Sold
Undisclosed
17 Jul 2017 by Sidarth Chakraverty, of St. Louis Apartment Experts

Happy sellers in St. Louis

94%
94% of sellers in St. Louis reported that their sale price either exceeded or met their price expectations.

St. Louis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in St. Louis over the last 12 months.

Local market activity for multi families in St. Louis

In the last 12 months, 41 multi families similar to 3921 Shenandoah Ave, have been sold.

This represents a 29% increase in multi families sales when compared to the previous 12 months.

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