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… Read More 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. Read Less
Listing courtesy of Invest St. Louis, 314-325-6201.
Listing Snapshot
Days Online
47
Last Updated
Property Type
5 Family Or More
Square Ft.
31,898
Year Built
1925
MLS Number
25028864
Additional Details
Appliances & Equipment
"Other"
Building
Above Grade Finished Area: 31898 Sq.Ft., Above Grade Finished Area Source: Other, Architectural Style: "Mid-Rise 3or4 Story", Construction Materials: "Brick", Living Area: 31898 Sq. Ft., Number Of Units Total: 42, Year Built: 1925
Community
Neighborhood: Visitation Park
Cooling
Cooling: "None"
Disclosures
Disclosures: "Unknown", "Other"
Expenses
Operating Expense Includes: "Other"
Heating
Heating: "Other"
Income
Net Operating Income: 0
Laundry
Features: "None", "Other"
Lot
Lot Size Dimensions: 150x201, Lot Size Source: Other
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