Visitation Park-49 Real Estate

Welcome to Visitation Park, a hidden gem nestled in the heart of St. Louis, Missouri. This charming neighborhood, located within St. Louis City, offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and retirees alike.

Visitation Park is characterized by its friendly atmosphere and tight-knit community. Tree-lined streets are adorned with beautiful, well-maintained homes that reflect the area’s rich architectural heritage. Residents here take pride in their neighborhood, often gathering for community events and enjoying the local parks that provide ample green space for recreation and relaxation.

One of the highlights of Visitation Park is its proximity to a variety of amenities. The neighborhood is just a short drive from downtown St. Louis, allowing residents easy access to world-class dining, shopping, and entertainment options. For those who enjoy the outdoors, nearby parks such as Forest Park offer an expansive area for hiking, biking, and picnicking, as well as cultural attractions like the St. Louis Zoo and the St. Louis Art Museum.

Families in Visitation Park benefit from a range of educational opportunities, with several highly-rated schools within the vicinity. The neighborhood’s sense of community is palpable, with friendly neighbors always ready to lend a helping hand or share a smile.

Whether you’re looking to settle down or invest in a property, Visitation Park offers a welcoming environment that combines the best of city living with the comforts of a close-knit community. Come discover the charm of Visitation Park, where you’ll find not just a home, but a place to belong.

Newest Listings in Visitation Park-49

$995,000

26059592 MLS ⋅ ACTIVE Status

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. Market rent for the 1 bedrooms is $1,285 based on 24 single bedroom apartments within a mile in the last year, 2 bedrooms avg rent is $1,476 based on 21 apartments in the last 18 months. Pro forma income once renovated and stabilized is $647,562 with net income of $420,916. The lower level offers 24 underground parking spaces and room for tenant storage. This multi-family rehab is ideal for 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 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: $5,800,000 Estimated Completion Cost: $3,000,000 Potential Tax Credits: $1,000,000+. There is potential for more than 32% equity upon completion. Seller financing is available for well-qualified buyers. Seller will consider all reasonable offers

5315 Cabanne Ave, St Louis

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