4614 Shenandoah Ave - Apartments FOR SALE


Saint Louis, MO 63110- Southwest Garden
$529,000 USD
314-255-5117
4614 Shenandoah Ave, Saint Louis, MO for Sale
$529,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

4614 Shenandoah Ave
Saint Louis, MO 63110
Southwest Garden


OVERVIEW

Situated in the Southwest Garden neighborhood, one of St. Louis’ most desirable neighborhoods. Steps from the Missouri Botanical Garden, Barnes Hospital, Washington University Medical School, Forest Park and Tower Grove Park, offering a highly sought-after setting for tenants. All four units are in similar condition, offering consistency and ease of management. A well-maintained, income-generating asset in a high-demand rental market. Total building size: 3,536 sq. ft. Central heating and cooling for all units. Laundry hookups in the basement for each unit. Four true 1-bedroom, 1-bathroom units – each approximately 800 sq. ft. (not shotgun, walkthrough layouts). This four family has the potential to be converted from one bedroom units to two bedroom units by creating a wall with bedroom at the front of the apartment. An open kitchen with island with connected living area setup is possible by removing the wall between the kitchen and the living room. 2 bedroom apartments in the area have rented from $1,500-$2,225, with a second bedroom and open kitchen concept there is potential to significantly increase the rents. TPO roof (approximately 6 years old). Mostly vinyl exterior windows with aluminum capping. All PVC stacks and drains. All PVC lateral under the basement slab (mix of PVC and clay for laterals outside the building). Parking pad at the rear of the building for approximately 4 vehicles.

FOR SALE DETAILS

PRICE

$529,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

4

PRICE/UNIT

$132,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,800 SF

ZONING

-

APN/PARCEL ID

4098-05-0090-0

ASK ABOUT THIS PROPERTY

Jordan SchoenInvest Saint LouisMore Info
314-255-5117

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Jordan SchoenInvest Saint LouisMore Info
314-255-5117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.