Skip To Content

2419 Cottage Grove Avenue

Des Moines, IA 50311
  • $675,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 707454
UPDATED: 29 min ago
$675,000
  • 14
    BEDS
  • 0.15
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 8,631
    SQFT
  • $78
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

School District:

Description

Introducing The Cutler Apartments, a historic gem located just blocks from Drake University, Downtown, and Interstate 235, offering unparalleled convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space. Great for work-from-home office. The month-to-month tenancy allows for a seamless transition, and the current low rents present an opportunity for increased income. The property features coin-op laundry for extra revenue and untapped storage space that could generate additional income. Tenants pay for their electricity, while the owner covers common areas, heat, and water. With ample parking and easy commuting, this property is an attractive choice for tenants. Whether it's the proximity to key locations, the spacious units, or the potential for increased income, The Cutler presents a unique opportunity for multifamily/low-rise/garden investors seeking a blend of historical charm and financial potential.

Monthly Payment Calculator

© 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: 2024-12-06T20:22:36.243.
www.searchcentraliowahomes.com/homes/157748948
Print Image

2419 Cottage Grove Avenue Des Moines, IA 50311

  • Price: $675,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 29 min ago
  • MLS #: 707454
14
Beds
8
Baths
0
½ Baths
0.15
Acres
8,631
SQFT
$78
$/SQFT
1910
Built
Neighborhood:
Des Moines N.East
County:
Polk
Area:
Des Moines N.East
School District:
Des Moines Independent
Property Description
Introducing The Cutler Apartments, a historic gem located just blocks from Drake University, Downtown, and Interstate 235, offering unparalleled convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space. Great for work-from-home office. The month-to-month tenancy allows for a seamless transition, and the current low rents present an opportunity for increased income. The property features coin-op laundry for extra revenue and untapped storage space that could generate additional income. Tenants pay for their electricity, while the owner covers common areas, heat, and water. With ample parking and easy commuting, this property is an attractive choice for tenants. Whether it's the proximity to key locations, the spacious units, or the potential for increased income, The Cutler presents a unique opportunity for multifamily/low-rise/garden investors seeking a blend of historical charm and financial potential.
Exterior Features

Construction Materials Brick

Interior Features

Below Grade Finished Area 2000

Property Features

Lease Considered YN No Listing Terms Cash Conventional Tax Annual Amount 9640 Zoning NX2

Listing provided courtesy of Keller Real Estate Services: (319) 231-1160. © 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: 2024-12-06T20:22:36.243.
 
https://bt-photos.global.ssl.fastly.net/desmoines/1280_boomver_1_707454-2.jpg https://bt-photos.global.ssl.fastly.net/desmoines/1280_boomver_1_707454-2.jpg https://bt-photos.global.ssl.fastly.net/desmoines/1280_boomver_1_707454-2.jpg
Logo
Better Homes and Gardens Real Estate Innovations
117 East Salem Avenue
Indianola IA, 50125