4434 Normandy Trace Unit #e, St Louis, MO 63121

$1,799,000
List Price
$1,799,000
Days on Market
15
MLS#
17028204
Status
ACTIVE
Year Built
1974
Subdivision
Mansion Hill Condo
Municipality
Normandy
County
St Louis
Listing Type
Multifamily

Property Description

Fantastic investment opportunity. Offered are 35 units (17 2-Bdrms & 18 1-Bdrms) in the Mansion Hill Condominium complex. These updated condos are located in a secure, gated community located directly across the street from the University of Missouri - St. Louis campus. Your tenants can enjoy the conveniences of the free parking, a swimming pool and clubhouse, onsite shuttles to campus and the easy access to interstates, Metrolink stops and Lambert- St. Louis Airport. As an owner, you will appreciate the low maintenance, updated buildings with newer roofs, siding and gutters along with the extremely high occupancy rates that come from this great, campus adjacent location. The university already owns a majority of the units in the complex and with growth, could look to acquire more in the future further solidifying this as a great investment.

Want to see this home? Call 844-657-7483

Additional Information

Gross Operating Income
292800
Total Expenses
$125,112
School District
Normandy
Elementary School
Lucas Crossing Elem. Complex
Jr. High School
Normandy Middle
Sr. High School
Normandy High
Construction
Brick Veneer Decrtv, Vinyl Siding
Parking Description
Parking Lot, Unassigned
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Electric
Taxes Paid
608
Selling Terms
Cash, Conventional

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Listing courtesy of Avenue Real Estate Group.

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