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    1427 5th Avenue

    Des Moines, IA 50314
    • $305,000
    • STATUS: Pending
    • ON SITE: 85 days
    • MLS #: 632774
    Pending
    $305,000
    • 14
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,310
      SQFT
    • $48
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:

    School Ratings & Info

    School District:

    Description

    Seven unit building with $52,740 annual revenue at 100% occupancy. Since this owner has held the building they have put on a new roof, new skylight, new stop-box, repaired the sewer line, replaced some windows, significantly repaired the boiler, and put in a new gas line. They are instituting a RUBS program to charge each tenant $75/month for water. Ask your agent for the attached Pro-Forma today.

    Monthly Payment Calculator

    © 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 Better Homes and Gardens Real Estate Innovations. Data last updated: 2021-09-26T00:21:44.34.
    www.searchcentraliowahomes.com/homes/118946612
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    1427 5th Avenue Des Moines, IA 50314

    • Price: $305,000
    • Status: Pending
    • MLS #: 632774
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    6,310
    SQFT
    $48
    $/SQFT
    1906
    Built
    Neighborhood:
    Des Moines N.West
    County:
    Polk
    Area:
    Des Moines N.West
    School District:
    Des Moines Independent
    Property Description
    Seven unit building with $52,740 annual revenue at 100% occupancy. Since this owner has held the building they have put on a new roof, new skylight, new stop-box, repaired the sewer line, replaced some windows, significantly repaired the boiler, and put in a new gas line. They are instituting a RUBS program to charge each tenant $75/month for water. Ask your agent for the attached Pro-Forma today.
    Exterior Features

    Architectural Style Three Story Construction Materials Brick Foundation Details Block Levels Three Or More

    Interior Features

    Basement Finished Basement YN Yes Below Grade Finished Area 750 Cooling None Furnished Unfurnished Heating See Remarks

    Property Features

    Lease Considered YN No Listing Terms CashConventional Lot Size Dimensions 65X125 Owner Pays InsuranceWater Property Sub Type Multi Family Tax Annual Amount 9753 Tax Year 2021 Tenant Pays ElectricityGas Utilities Electricity AvailableNatural Gas AvailableWater Available Zoning R1-60

    Listing provided courtesy of Keller Williams Realty Gdm. © 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 Better Homes and Gardens Real Estate Innovations. Data last updated: 2021-09-26T00:21:44.34.
     
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