5315 Cabanne Avenue St Louis, MO 63112

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. Owner may consider owner financing with a significant down payment and collateral.

• General Features
  • Year Built 1925
  • Tax Year 2023
  • Tax Annual Amount $87
  • Property Sub Type Multi-Family 5+
  • Lease Term None
  • Longitude -90.273323
  • Latitude 38.657983
  • Cross Street Union
  • County Or Parish St Louis City
  • Builder Model Mid-Rise 3or4 Story
  • Subdivision Cabanne
• Building Features
  • Attached Garage Y/N No
  • Above Grade Finished Area 31898
• Property Features
  • Lot Size Square Feet 30056
  • Number Of Units Total 42
  • Lot Size Dimensions 0x0
  • Lot Size Acres 0.69
• Schools
  • High School Beaumont Cte High School
  • High School District St. Louis City
  • Middle School Blewett Middle
  • Elementary School Adams Elem.