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    1042 18th Street

    Des Moines, IA 50314
    • $579,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 610484
    Price Reduced
    UPDATED: 21 min ago
    $579,000
    • 15
      BEDS
    • 0.26
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 6,747
      SQFT
    • $86
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    School District:

    Description

    9 Unit building with a mix of three 3 BR, three 2 BR and 3 Studio Units. All units are individually metered for Electric and RUBS bill back is installed on 4 of the 9 units for Water, with opportunity for new Owner to continue to install upon renewal for remaining tenants or new tenants. Coin Laundry Income averages an additional $250 - $350 per month in income, depending on occupancy. Great opportunity for turnkey rental property or take advantage of opportunity to continue improvements made by current over over the past 3 years which include several appliance replacements, carpeting updates, repaints throughout 5 units and new Fire Escape Decking.

    Monthly Payment Calculator

    © 2020 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2020-09-21T14:22:01.893.
    www.penniecarroll.com/homes/108494792
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    1042 18th Street Des Moines, IA 50314

    • Price: $579,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 610484
    15
    Beds
    2
    Baths
    0
    ½ Baths
    0.26
    Acres
    6,747
    SQFT
    $86
    $/SQFT
    1915
    Built
    Neighborhood:
    Des Moines West
    County:
    Polk
    Area:
    Des Moines West
    School District:
    Des Moines Independent
    Property Description
    9 Unit building with a mix of three 3 BR, three 2 BR and 3 Studio Units. All units are individually metered for Electric and RUBS bill back is installed on 4 of the 9 units for Water, with opportunity for new Owner to continue to install upon renewal for remaining tenants or new tenants. Coin Laundry Income averages an additional $250 - $350 per month in income, depending on occupancy. Great opportunity for turnkey rental property or take advantage of opportunity to continue improvements made by current over over the past 3 years which include several appliance replacements, carpeting updates, repaints throughout 5 units and new Fire Escape Decking.
    Exterior Features

    Attached Garage YN No Construction Materials BrickCement Siding Foundation Details Brick/Mortar Garage YN Yes Parking Features DetachedGarage Road Surface Type Concrete Roof Rubber

    Interior Features

    Appliances DryerRefrigeratorStoveWasher Basement Unfinished Basement YN Yes Cooling Window Unit(S) Furnished Unfurnished Heating BaseboardElectricForced AirGasNatural Gas Heating YN Yes Interior Features See Remarks

    Property Features

    Association Fee Includes See Remarks Gross Income 72060 Lease Considered YN No Listing Terms CashConventional Lot Size Dimensions 90X126.3 Owner Pays GasInsuranceJanitorial ServiceTaxesWater Property Sub Type Multi Family Sewer Public Sewer Structure Type ApartmentMulti Family Tax Annual Amount 6829 Tenant Pays ElectricityInsuranceWater Utilities Electricity AvailableNatural Gas AvailableWater Available Water Source Public Zoning R-3

    Listing provided courtesy of Pmi Realty Central Iowa. © 2020 Des Moines Multiple Listing Service.
    © 2020 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2020-09-21T14:22:01.893.
     
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    509 - 8th St SW
    Altoona IA, 50009