Updated four-family property in Shaw, less than 300ft from the Botanical Gardens (visible from your front steps!) and ~10min walk to Tower Grove Park.
- Shaw is one of the most desirable places to live in St. Louis. It’s a quiet neighborhood surrounded by numerous green spaces and large Victorian homes. In addition to the variety of cafes and restaurants in the area, tenants are within walking distance to the various amenities offered at the Botanical Gardens and Tower Grove Park.
- Two spacious 2-bedroom, 1-bathroom units downstairs and two 3-bedroom, 1-bathroom units upstairs updated with additional amenities (3rd bedrooms are small bonus rooms with IKEA closets, more suitable as an office). The upstairs units feature convenient in-unit washer and dryer facilities, as well as keyless entry.
- Each unit is ~1,066 square feet, making for a total building size of 4,262 square feet, excluding the basement. The lot is huge.
- Unit 4260A is currently utilized as an Airbnb, generating an average income of $1,700 per month.
- New furnaces and condensers, as well as three new water heaters, installed 2022.
- Thirty feet of sewer lateral (mostly under basement) replaced with PVC in 2022
- Roof was recently replaced, with one-half upgraded to TPO in February 2023 and the other half in 2024.
- Unit 4260 received a near $10k bathroom renovation in 2023