Multi-Family for Sale: 5315 Cabanne Avenue, St Louis, MO 63112

$2,200,000
$2,200,000
5315 Cabanne Avenue, St Louis, MO 63112
$2,200,000
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Price:
$2,200,000
$50,000 - 05/08/2024

Type Multi-Family
Square Footage 31,898 sqft
Lot Size 0.69 acres
Year Built 1925
Taxes Paid $87

City St Louis
County St Louis City
School District St. Louis City
Subdivision Cabanne

MLS 24023536
Status Active
DOM 38 days
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.

Lot & Building Features

Cooling Other
Heat Source Other
Heating None
Parking Description Other
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 0x0 ft

Community and Schools

Elementary School Adams Elem.
Junior High School Blewett Middle
Senior High School Beaumont Cte High School

Price History of 5315 Cabanne Avenue, St Louis, MO

Date Name Price Difference
05/08/2024 Price Adjustment $2,200,000 2.22%
04/18/2024 Listing Price $2,250,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 5315 Cabanne Avenue, St Louis, MO

Location Map Street View
Photo of Loren Jenks
Direct: 314-308-3069
Office
2242 Thurman Ave
Saint Louis, MO 63110
314-772-8407
Listed by Niche Advisors, Daniel Dawson
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5315 Cabanne Avenue (MLS #24023536) is a multi-family listing located in St Louis, MO. This multi-family listing is on a lot of 30,056 sqft (or 0.69 acres) and is 99 years old. This property was listed on 04/18/2024 and has been priced for sale at $2,200,000.

Nearby zip codes are 63108, 63113, 63115, 63120 and 63133. This property neighbors other cities such as Clayton, Hillsdale, Standard City, University City and Uplands Park.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Niche Advisors

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