Visitation Park-49 Real Estate

Welcome to Visitation Park, a hidden gem nestled in the heart of St. Louis, Missouri. This charming neighborhood, located in 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 tree-lined streets and a welcoming community atmosphere. The neighborhood is named after the historic Visitation Parish, which adds a touch of cultural richness to the area. Residents enjoy easy access to a variety of local parks, including the picturesque Visitation Park itself, where families can gather for picnics, children can play in the playground, and joggers can enjoy scenic trails.

One of the standout features of Visitation Park is its proximity to vibrant local amenities. Just a short drive away, you’ll find an array of shopping, dining, and entertainment options. From cozy cafes to family-owned restaurants, there's something for every palate. The neighborhood also boasts excellent schools, making it a desirable location for families seeking quality education for their children.

Community spirit thrives in Visitation Park, with various events and gatherings throughout the year that foster connections among residents. Whether it’s a summer block party or a holiday celebration, you’ll find that the warmth and friendliness of the community are truly unmatched.

With its ideal location, beautiful surroundings, and strong sense of community, Visitation Park is more than just a neighborhood; it’s a place to call home. Come discover the charm of Visitation Park and envision your future in this delightful St. Louis enclave!

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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