3648 Shenandoah Avenue, Saint Louis, MO 63110

$499,000
  • 3648 Shenandoah Avenue, Saint Louis, MO 63110 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,802 MLS#26019176
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONTyler Place Add SCHOOLSt Louis City

Property Description

Investor Alert! Welcome to this fully rented, gorgeous multifamily building just blocks from Tower Grove Park! Step inside to a clean and updated first and second floor common hallway. This sale is composed of only the west half of this building and has 6 efficient units that have high potential for rent increases and improvements. 3 units on the second floor, and 3 units on the first floor. Perfect for SLU students, Barnes Jewish/Cardinal Glennon employees or any of other prospects vying to live in Shaw at an affordable price. Several updates throughout the building and in a couple units (see supplements). Both floors have direct access to the fully, unfinished basement. There is no laundry and could be added for some easy extra income. Several tenants are going on their second year here. Whether you want to keep it for long-term cash flow, renovate and resale, or explore short term rentals, this property offers many exit strategies. Owner currently pays all utilities for tenants with no RUBS (again, an easy opportunity for more cash flow). Please do not disturb tenants.

3648 Shenandoah Avenue | MLS# 26019176

This multi-family property located at 3648 Shenandoah Avenue, Saint Louis, MO 63110 is currently listed for sale with an asking price of $499,000. Shenandoah Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.stevebersche.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight, Interior Entry, Unfinished, Walk-Out Access
Basement: Yes
Cooling: Central Air
Home Style: Apartment Style, Historic
Lot Size: 0.07 Acres
Roof Type: Membrane
Taxes: $4,013
Year Built: 1906

Feature Descriptions

Appliances: Electric Cooktop, Freezer, Refrigerator, Electric Water Heater
Days on Site: 1
Exterior: Brick
Laundry: None
Parcel#: 2111-00-0070-0
SQFT. Above Grade: 2903
Units: 6
Water: Public

Local Schools

High School: Roosevelt High
Middle School: Fanning Middle Community Ed.
Elementary School: Shenandoah Elem.
School District: St Louis City

Listed By / Shown By

Listed By

Agency Name: Rivers Realty

Shown By

Agent Name: Steve Bersche
Agent Phone: (314) 882-5049
Agency Title: RedKey Realty Leaders

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Estimated Payment

$ 3,198.58 per month $2,718.62 Principal & Interest $334.42 Property Tax $145.54 Homeowner's Insurance

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David Ames, Sales Manager, NMLS #738479

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