2931 Kingman Boulevard

    Des Moines, IA 50311
    • $299,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 580675
    UPDATED: 5 min ago
    $299,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,367
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:

    School Ratings & Info

    School District:

    Description

    Investors Take Notice. Kingman Place National Historical District. Turn Key Investment Opportunity. 8% Return on this Low Touch Investment. Fully Leased Excellent Investment Opportunity for Qualified Investors in the Popular Kingman Blvd area. INCOME PER YEAR $40,150. Close to Drake University and Shopping near Shops of Roosevelt and 42nd and University. This Cash Flowing 5 Plex offers 5 Units with 3-One Bedroom units, 1-3 Bedroom Unit on the Main Floor, 1 Efficiency Unit. 2 Car Garage is available for Additional Revenue. 5 Parking Spaces for Off Street Parking for Tenants. Electrical Updated to 200 AMP Service and Separate Electrical Meters for Tenants in January 2019. New Professionally Painted Exterior Paint in April 2019.

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    © 2019 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: 2019-07-18T13:21:55.
    www.searchcentraliowahomes.com/homes/94088349

    2931 Kingman Boulevard Des Moines, IA 50311

    • Price: $299,000
    • Status: Active
    • Updated: 5 min ago
    • MLS #: 580675
    0
    Beds
    4
    Baths
    0
    ½ Baths
    0.26
    Acres
    3,367
    SQFT
    $89
    $/SQFT
    1909
    Built
    Neighborhood:
    Des Moines West
    County:
    Polk
    Area:
    Des Moines West
    School District:
    Des Moines Independent
    Property Description
    Investors Take Notice. Kingman Place National Historical District. Turn Key Investment Opportunity. 8% Return on this Low Touch Investment. Fully Leased Excellent Investment Opportunity for Qualified Investors in the Popular Kingman Blvd area. INCOME PER YEAR $40,150. Close to Drake University and Shopping near Shops of Roosevelt and 42nd and University. This Cash Flowing 5 Plex offers 5 Units with 3-One Bedroom units, 1-3 Bedroom Unit on the Main Floor, 1 Efficiency Unit. 2 Car Garage is available for Additional Revenue. 5 Parking Spaces for Off Street Parking for Tenants. Electrical Updated to 200 AMP Service and Separate Electrical Meters for Tenants in January 2019. New Professionally Painted Exterior Paint in April 2019.
    Exterior Features

    Driveway Concrete Exterior Asbestos Garage 2 Detached Lot Shape Regular Lot Size 75X150 Off Street Parking 5 Spaces Roof Asphalt Shingle Street Feature Concrete Style Three Story Trim OakPaint

    Interior Features

    Air Conditioning None Basement Desc Unfinished Basement Sq Ft 896 Baths Total 4.00 Fridges Total 5 Heat Hot Water Heat Source Natural Included Items RefrigeratorStove Interior Features CarpetingDrapes/CurtainsHardwood FloorsSmoke DetectorVinyl Kitchens Total 5 Living Area Sq Ft 3367 Stoves Total 5

    Property Features

    Association Fee Yn No Board ID Des Moines Expense Total 1369 Foundation Tile Gross Operating Income 3400 Landlord Tenant Utilities Building Insurance OwnerElectric LandlordGas LandlordInsurance TenantTaxes OwnerWater Landlord REO No Sellers Request No Separate Meters 5 Sewer City Terms Available CashConventionalFhaUsdaVa Total Efficiency Units 1 Total1 Bedroom Units 2 Total2 Bedroom Units 1 Total3 Bedroom Units 1 Water City Zoning R1-60

    Listing provided courtesy of Re/Max Precision. © 2019 Des Moines Multiple Listing Service.
    © 2019 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: 2019-07-18T13:21:55.
     
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    Indianola IA, 50125