3854 Botanical Avenue

Shaw, St. Louis, Missouri 63110

| For Sale | $226,000 | Multi-Family 2-4

This historic 4-family in Shaw neighborhood of St. Louis is a rare example of a true stone facade in the neighborhood. With a little cleanup, this property will have amazing curb appeal. Couple this with the large building size and this property will make an excellent candidate for either townhome conversion or upgrading to premium apartment finishes. Location-wise, it is on a quiet block just one short block away from Tower Grove Park. Property would be eligible for federal and state historic tax credits with the right project. This one is a must see.

Investment Remarks

All units are currently occupied: 3854 at $675 ending 1/31/16; 3854A at $725 ending 1/31/16 ; 3856 at $650 ending 11/30/15; 3856A at $550 ending 2/28/16. All rents are too low for current condition and with a few upgrades the rents could truly be premium. These would also make amazing townhomes.


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Off Street  
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