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Image 1 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Image 2 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Image 3 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Image 4 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Image 5 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Image 6 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Image 7 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Image 8 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Image 9 - 5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA - House for sale
Home For Sale In Saint Louis, Missouri
5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA

Home For Sale In Saint Louis, Missouri

house for sale
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Listed: 04/21/24

5323 Cabanne Avenue, Cabanne Place, St. Louis, MO 63112, USA

Studio Bed:
31,898 Sq Ft Living Area:
Save
Price
$ 2,25M

About This House

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.

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