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$ 190,000
Est. payment | /mo
2 Beds
4 Baths
1,951 SqFt
$ 190,000
Est. payment | /mo
2 Beds
4 Baths
1,951 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,951 sqft
Price per Sqft $97
MLS Listing ID 748077
Style Two Story
Bedrooms 2
Full Baths 4
HOA Y/N No
Year Built 1910
Annual Tax Amount $2,827
Lot Size 6,795 Sqft
Acres 0.156
Property Description
Investor opportunity near Drake University! This 4-unit property offers two 1-bedroom apartments and town efficiency units, all currently vacant and ready for a new owner to lease, improve, and manage their way. The property is functional and rentable as-is, with opportunity to increase value through updates and stronger rent performance over time. Tenants pay their own utilities with the owner responsible for water only. No garage. Convenient location near Drake, downtown Des Moines, shopping, dinning, transit, and major commuting routes. Weather you are looking to add doors to your portfolio or take on a value-add multifamily project, this property offers a compelling entry point at $190,000.
Location
State IA
County Polk
Area Des Moines N.West
Zoning R1-60
Rooms
Basement Unfinished
Interior
Heating Electric
Furnishings Unfurnished
Fireplace No
Exterior
Utilities Available Water Available
Private Pool No
Building
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Des Moines Independent
Others
Tax ID 10009612001000
Monthly Total Fees $235
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by LPT Realty, LLC
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Brenda Zobel-Moody