3648 Shenandoah Avenue,St Louis, MO 63110
St Louis, MO 63110
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.
Details
| MLS # | 26019176 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1906 |
| Days On Site | 223 |
| Listing Provided By | Rivers Realty | Jay Rios |
Features
| SQ Feet | 2,802 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Acreage | 0.07 |
Interior
| Cooling | Central Air |
|---|---|
| Appliances | Electric Cooktop, Freezer, Refrigerator, Electric Water Heater |
Exterior
| Roof | Membrane |
|---|---|
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Location
| Senior Community Yes / No | No |
|---|
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | 220 Volts |
Taxes
| Property | 4013 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63110 |
| Area | South City |
| Community Name | Tyler Place Add |
| School District | Roosevelt High |
| Elementary School | Shenandoah Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Tyler Place Add) | |
Price: $449,000 low | high Med: $409,450 sqft: 2,802 low | high Med: 2,067 $ / sqft: $160 low | high Med: $207 On site: 223 low | high Med: 45 | |
Market Activity 63110
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63110 |
| Area | South City |
| Community Name | Tyler Place Add |
| School District | Roosevelt High |
| Elementary School | Shenandoah Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Tyler Place Add) | |
Price: $449,000 low | high Med: $409,450 sqft: 2,802 low | high Med: 2,067 $ / sqft: $160 low | high Med: $207 On site: 223 low | high Med: 45 | |
