$650,000

Located in the heart of Soulard, this beautifully updated four-unit property presents an exciting opportunity to add a turnkey piece of St. Louis real estate to your investment portfolio. Built in 1892, the historic brick building offers over 4,500 square feet with a desirable mix of two 1-bedroom/1-bath units and two 2-bedroom/2-bath units, all currently tenant-occupied. Each unit blends the character you expect from a historic city property with thoughtful modern updates, including high ceilings, historic millwork, custom cabinetry, granite countertops, luxury vinyl flooring, stainless steel appliances, and convenient in-unit laundry. One of the 2-bedroom units is also offered furnished, adding even more flexibility to the property. Current monthly rents range from $1,250 to $1,850, providing an established income stream from day one. Outside, tenants can enjoy a private, level backyard with a spacious deck, an especially nice bonus for city living. With four updated units, established tenants, historic charm, and a sought-after Soulard location, 1309 Shenandoah is a fantastic opportunity for an investor looking to grow their portfolio with a property that already has so much to offer.