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    1159 22nd Street

    Des Moines, IA 50311
    • $185,000
    • STATUS: Active
    • ON SITE: 11 Days
    • MLS #: 639504
    UPDATED: 142 min ago
    $185,000
    • 5
      BEDS
    • 0.23
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,895
      SQFT
    • $64
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    School District:

    Description

    Great investment opportunity, priced accordingly for you to rent the way it is or make updates to improve. Conveniently located near Drake University with quick access to the interstate, this 4 plex has just under 2900 sq ft that brought in $2,650/month when rented. Previous rents in it's existing condition brought in the following: 1st floor=$800, Efficiency 2nd level=$600, 2 bedroom 2nd level = $650, Efficiency 3rd floor = $600. Currently the 2 bedroom is being rented for $600, seller lives in the updated 1 bedroom efficiency, 1st floor 3 bedroom was last rented September 2020, and the 3rd floor is currently brought down to the studs to start remodel. Plenty of paved parking out back. Renders available upon request of what the space on the 3rd floor can be updated to. Property to be sold AS IS. Add this property to your investment portfolio today!

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    © 2021 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: 2021-10-24T00:21:43.76.
    www.penniecarroll.com/homes/122313970
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    1159 22nd Street Des Moines, IA 50311

    • Price: $185,000
    • Status: Active
    • Updated: 142 min ago
    • MLS #: 639504
    5
    Beds
    2
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,895
    SQFT
    $64
    $/SQFT
    1905
    Built
    Neighborhood:
    Des Moines West
    County:
    Polk
    Area:
    Des Moines West
    School District:
    Des Moines Independent
    Property Description
    Great investment opportunity, priced accordingly for you to rent the way it is or make updates to improve. Conveniently located near Drake University with quick access to the interstate, this 4 plex has just under 2900 sq ft that brought in $2,650/month when rented. Previous rents in it's existing condition brought in the following: 1st floor=$800, Efficiency 2nd level=$600, 2 bedroom 2nd level = $650, Efficiency 3rd floor = $600. Currently the 2 bedroom is being rented for $600, seller lives in the updated 1 bedroom efficiency, 1st floor 3 bedroom was last rented September 2020, and the 3rd floor is currently brought down to the studs to start remodel. Plenty of paved parking out back. Renders available upon request of what the space on the 3rd floor can be updated to. Property to be sold AS IS. Add this property to your investment portfolio today!
    Exterior Features

    Architectural Style Three Story Construction Materials StuccoVinyl Siding Foundation Details Brick/Mortar Levels Three Or More Road Surface Type Asphalt Roof AsphaltShingle

    Interior Features

    Appliances RefrigeratorStove Basement Unfinished Basement YN Yes Cooling Window Unit(S) Flooring HardwoodLaminateVinyl Furnished Unfurnished Heating BaseboardElectricHot WaterNatural Gas Heating YN Yes Interior Features Cable Tv

    Property Features

    Gross Income 2650 Lease Considered YN No Listing Terms CashConventional Lot Features Rectangular Lot Lot Size Dimensions 60X169 Operating Expense 621 Owner Pays GasInsuranceTaxesWater Property Sub Type Multi Family Security Features Smoke Detector(S) Sewer Public Sewer Tax Annual Amount 3942 Tax Year 2021 Tenant Pays Electricity Utilities Electricity AvailableNatural Gas AvailableWater Available Water Source Public Zoning R-3

    Listing provided courtesy of Coldwell Banker Mid America. © 2021 Des Moines Multiple Listing Service.
    © 2021 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: 2021-10-24T00:21:43.76.
     
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    Pennie Carroll & Associates
    3232 Hubbell Ave
    Des Moines IA, 50317