$315,000
 $1,691 est/mo Sourced by Back At You

1333 13th Street , Des Moines, IA 50314

Des Moines, IA 50314

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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.

Details

MLS#704394
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1924
Days On Site18
Listing Provided ByRE/MAX Concepts | Brett Fine

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet2,940
BasementY
Story(s)2
Units4
ZoningR1-60
Acreage0.14

Market Activity 50314

The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Listings Checked: 8 minutes ago
StateIA
CountyPolk
CityDes Moines
Zip Code50314
AreaDes Moines N.West
Listing VS Median (in 50314)
Price:
$315,000
low | high
Med:
$216,900
81.142857142857% of Average
SqFt:
2,940
low | high
Med:
1,788
89.183673469388% of Average
$ / SqFt:
$107
low | high
Med:
$121
36.778523489933% of Average
On Site:
18
low | high
Med:
123.000000
14.634146341463% of Average
Sourced by Back At You
Listing Updated: October 7, 2024 at 3:44:34 PM PDT