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About the Listing INVS01 - JSCHOEN,MGUIGNON
The Cabanne Castle is a three-story Tudor-style brick condominium building in the West End, totaling approximately 31,898 sq. ft. It includes 42 units: (24) 1-bed 1-bath and (18) 2-bed / 1-bath. The lower level offers 24 underground parking spaces and room for tenant storage. This multi-family rehab is ideal for developers or investors. While the project needs completion, many plans and permits have already been approved by the city (some will require renewal). Completed improvements include demolition, new roof, new rear and side windows, tuckpointing, framing, and leveled floors. The building is ready for mechanical, electrical, and plumbing installation. An adjacent lot is included and can be used for additional parking. Historic tax credits are available. The lower level offers potential for added units, a lounge, or a gym. Estimated ARV: $5,200,000 Estimated Completion Cost: $2,800,000 Potential Tax Credits: $1,000,000+. There is potential for more than 20% equity upon completion.
Listing Highlights for 5315 Cabanne Ave
Status
Active
Days on Site
130
Property Type
Multi-Family
MLS ®
25028864
Year Built
1925
Total Square Footage
31,898
Lot/Acreage
150x201
County
St Louis City
Neighborhood
Visitation Park-49
Area
4 - Central West
School District
St. Louis City
Elementary School
Hamilton Elem. Community Ed.
Middle School
Langston Middle
High School
Beaumont Cte High School
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 31898
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 150x201
- Roof:
- Others: Fixer
- Sewer: Public Sewer
- Parking Features: Garage,Underground
Financial Details
- Tax Amount: $3,486
- Taxes w/Assessments: N/A
- Tax/Property ID: 3866-00-8026-0
- Tax Year: 2024
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Listing Location
Questions About..
5315 Cabanne Ave St Louis, MO 63112
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