MO > St Louis > Cabanne
St Louis, MO 63112,5315 Cabanne AVE
St Louis, MO 63112,5315 Cabanne AVE
St Louis, MO 63112,5315 Cabanne AVE
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$1,650,000
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31,898 SqFt
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5315 Cabanne AVE St Louis, MO 63112

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Amanda Alejandro

Amanda Alejandro

Realty Shop

+1(636) 544-2288

UPDATED:

12/09/2024 07:30 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 31,898 sqft

Price per Sqft $51

Subdivision Cabanne

MLS Listing ID 24057635

Construction Status 99

Year Built 1925

Building Age 99

Lot Size 0.690 Acres

Acres 0.69

Property Description

Welcome to the Cabanne Castle! This historic 42-unit (24-1 bed/1 bath and 18-2 bed/2 bath) takeover project that has permits and plans approved (expired need to be renewed) has passed framing inspection and has a ton of upside potential and value add opportunity. The building has passed framing inspection (buyer will need to renew permits) and is ready for MEPs (mechanical, electric, plumbing). Capex updates that have already been done are: new roof, tuck pointing, new windows on rear and sides of building and some duct work ran. This sale also includes the lot 5329 Cabanne which is perfect for additional tenant parking.

Value add opportunity by converting basement level into additional apartments, storage or offices.

This is an amazing fast track opportunity to quickly take over a historic building.

Location

State MO

County St Louis City

Area Central West

Interior

Heating None

Cooling Other

Fireplace N

Building

Sewer Public Sewer

Water Public

Construction Status 99

Schools

Elementary Schools Adams Elem.

Middle Schools Blewett Middle

High Schools Beaumont Cte High School

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Owner May Finance, Private, Other

Listing Terms Cash Only, Conventional, Owner May Finance, Private, Other

Special Listing Condition None

Listed by Daniel Dawson • Niche Advisors

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Amanda Alejandro

+1(636) 544-2288

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