$260,000
$315,000
17.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,940 SqFt
SOLD DATE : 11/13/2024
Key Details
Sold Price $260,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $88
MLS Listing ID 704394
Sold Date 11/13/24
Style Two Story
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1924
Annual Tax Amount $2,420
Lot Size 6,054 Sqft
Acres 0.139
Property Description
This solid brick 4-plex is a prime investment with strong current and future income potential! Fully occupied, each unit is separately metered, providing hassle-free management and reducing overhead. The property features a freshly updated rental inspection certificate and a new roof installed within the last 5 years. Tenants will love the charming original wood flooring, while investors can appreciate the significant value-added opportunities. Additionally, the spacious basement offers future storage potential for tenants or enhancements such as coin-operated laundry. With continuous renter demand, this property is a rare find in a thriving rental market. Don't miss out! Rents are $600,$675,$715,$675. Tenants pay gas and electric.
Location
State IA
County Polk
Area Des Moines N.West
Zoning R1-60
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood, Tile
Furnishings Unfurnished
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Roof Type Asphalt,Shingle
Private Pool No
Building
Lot Description Rectangular Lot
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Des Moines Independent
Others
Tax ID 08001914000000
Monthly Total Fees $201
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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