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$ 595,000
Est. payment | /mo
3,967 SqFt
$ 595,000
Est. payment | /mo
3,967 SqFt
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,967 sqft
Price per Sqft $149
MLS Listing ID 70035
HOA Y/N No
Year Built 1913
Annual Tax Amount $10,300
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Apartment
Source Central Iowa Board of REALTORS®
Land Area 3967
Property Description
Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods.
The property benefits from excellent visibility, mature tree-lined streets, and proximity to downtown, Ingersoll dining, retail, cultural attractions and major employment centers. Tenants are drawn to the character, charm, and convenience this corridor consistently delivers.
This well-maintained multi-family building all units have been recently remodeled presents immediate cash-flow possibilities.
The property benefits from excellent visibility, mature tree-lined streets, and proximity to downtown, Ingersoll dining, retail, cultural attractions and major employment centers. Tenants are drawn to the character, charm, and convenience this corridor consistently delivers.
This well-maintained multi-family building all units have been recently remodeled presents immediate cash-flow possibilities.
Location
State IA
County Polk
Zoning NX3
Body of Water Public
Rooms
Basement Partial
Interior
Heating Electric
Cooling Window Unit(s)
Flooring Vinyl, Carpet
Exterior
Garage Yes
Building
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Brick
Schools
School District Des Moines
Listed by RE/MAX Concepts-Ames
Nearby Locations
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