Des Moines, IA 50314,515 Franklin Avenue

$126,500

$135,000

6.3%
Est.Price: ?

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Est. payment /mo

6 Beds

2 Baths

3,159 SqFt


SOLD DATE : 06/22/2020

Key Details

Sold Price $126,500

Property Type Other Types

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,159 sqft

Price per Sqft $40

MLS Listing ID 604695

Sold Date 06/22/20

Style Two Story

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1906

Annual Tax Amount $2,948

Tax Year 2020

Lot Size 0.258 Acres

Acres 0.258

Property Description

Great value in this duplex in good condition. Tenants have been here for 8 years and 1 year. Currently pulling in $800 and $840 for the two units which puts this at a 9 Cap after expenses.There is also a three car garage which is not currently being used but could be rented out for added income. Check out this deal today!

Location

State IA

County Polk

Area Des Moines N.West

Zoning R1-60

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Furnishings Unfurnished

Fireplace No

Exterior

Garage Detached, Garage, Three Car Garage

Garage Spaces 3.0

Garage Description 3.0

Utilities Available Electricity Available, Natural Gas Available, Water Available

Private Pool No

Building

Entry Level Two

Foundation Brick/Mortar

Level or Stories Two

Schools

School District Des Moines Independent

Others

Tax ID 08005674000000

Monthly Total Fees $245

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

Financing Conventional

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Listed by Keller Williams Realty GDM
Bought with Des Moines Realty Group
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5022 Grand Ridge Dr, West Des Moines, IA, 50265, USA

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