5 Beds
3 Baths
1,110 SqFt
5 Beds
3 Baths
1,110 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,110 sqft
Price per Sqft $202
MLS Listing ID 70708
Style Cape Cod
Bedrooms 5
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 822
Year Built 1927
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Single Family Residence
Source Central Iowa Board of REALTORS®
Land Area 1110
Property Description
lot, and exceptional parking amenities.
This well-maintained property is tenant occupied with a lease in place through
July 2027, generating $2,500 per month in rental income, making it an ideal turnkey addition to your investment
portfolio.
The home underwent a complete interior remodel in 2023, including all new windows, creating an updated, modern
living space while minimizing future maintenance. The roof is less than 10 years old, and the seller reports no known
issues, offering added confidence for the next owner.
An added bonus is 2705 College Ave, which includes a detached one-car garage along with surface parking for tenants of
both 2703 and 2707, providing valuable off-street parking rarely found in the area.
Whether you're a seasoned investor or looking to begin building your real estate portfolio, this property delivers
immediate cash flow with long-term stability.
This home is located within the Neighborhood Finance Corporation (NFC) lending area. Eligible buyers financing through NFC may qualify for a $15,000 forgivable renovation grant, which could help offset the cost of adding a garage or other qualifying improvements after purchase. Buyer eligibility and program guidelines apply.
Location
State IA
County Polk
Zoning Res
Body of Water Public
Rooms
Basement Full, Sump Pump
Primary Bedroom Level No
Bedroom 2 No
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Luxury Vinyl, Carpet
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Garage No
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
School District Des Moines
Others
Special Listing Condition Standard
Nearby Locations
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