Lynne Steinert
REALTOR®
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.
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: 2
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: Lynne Steinert
Agent Phone: (314) 443-5542
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 3,198.58 per month $2,718.62 Principal & Interest $334.42 Property Tax $145.54 Homeowner's InsuranceChange Payment Information
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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.lynnesteinert.com today.