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1048 19th Street

Des Moines, IA 50314
  • $220,100
  • STATUS: Closed
  • ON SITE: 368 Days
  • MLS #: 668337
Sold - 06/14/2023
$220,100
SOLD - 06/14/2023
  • 5
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,947
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

This property presents a unique investment opportunity in the Drake neighborhood. This property is a 4-plex with a mix of three 1-bed units and one 2-bed unit. In-unit laundry convenience for three of the units. Potential opportunity to owner occupy this 4plex and drastically lower your monthly housing payment. This investment property offers the possibility of increased rental income, as rents have not been increased in over three years. Whether you choose to maintain the current lease agreements or enhance the units to increase market value, this investment presents numerous possibilities. Exterior: The property includes an oversized 2-car detached garage with two driveways and alley access, providing additional income-generating opportunities & beautiful curb appeal with the historic look of this property! If you're in the market for an investment property or house hacking with owner-occupied loan terms, then this 4-plex is a unique opportunity that should not be missed. The property has a current rental certificate. All units are currently occupied by long-term tenants. Lease terms are available upon request.

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© 2024 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 Better Homes and Gardens Real Estate Innovations. Data last updated: 2024-03-04T12:22:13.59.
www.searchcentraliowahomes.com/homes/137356526
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1048 19th Street Des Moines, IA 50314

  • Price: $240,000
  • Status: Closed
  • On Site: 368 Days
  • Updated: 69 min ago
  • MLS #: 668337
5
Beds
4
Baths
0
½ Baths
0.14
Acres
1,947
SQFT
$0
$/SQFT
1900
Built
Neighborhood:
Des Moines West
County:
Polk
Area:
Des Moines West
School District:
Des Moines Independent
Property Description
This property presents a unique investment opportunity in the Drake neighborhood. This property is a 4-plex with a mix of three 1-bed units and one 2-bed unit. In-unit laundry convenience for three of the units. Potential opportunity to owner occupy this 4plex and drastically lower your monthly housing payment. This investment property offers the possibility of increased rental income, as rents have not been increased in over three years. Whether you choose to maintain the current lease agreements or enhance the units to increase market value, this investment presents numerous possibilities. Exterior: The property includes an oversized 2-car detached garage with two driveways and alley access, providing additional income-generating opportunities & beautiful curb appeal with the historic look of this property! If you're in the market for an investment property or house hacking with owner-occupied loan terms, then this 4-plex is a unique opportunity that should not be missed. The property has a current rental certificate. All units are currently occupied by long-term tenants. Lease terms are available upon request.
Exterior Features

Attached Garage YN No Construction Materials Woodsiding Foundation Details Block Garage YN Yes Parking Features DetachedGarageTwocargarage Roof AsphaltShingle

Interior Features

Appliances DryerRefrigeratorStoveWasher Basement Finished Basement YN Yes Below Grade Finished Area 600 Cooling Windowunits Cooling YN Yes Heating HotwaterNaturalgas Heating YN Yes

Property Features

Buyer Financing Conventional Electric On Property YN Yes Gross Income 2470 Lease Considered YN No Listing Terms CashConventionalFhaValoan Lot Features Rectangularlot Lot Size Dimensions 50X124 Owner Pays GasInsuranceTaxesWater Sewer Publicsewer Tax Annual Amount 2904 Utilities ElectricityavailableNaturalgasavailableWateravailable Water Source Public Zoning R-3

Listing provided courtesy of Keller Williams Realty GDM: (515) 334-4900. © 2024 Des Moines Multiple Listing Service.
© 2024 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 Better Homes and Gardens Real Estate Innovations. Data last updated: 2024-03-04T12:22:13.59.
 
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