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6503 Hickman Road

Des Moines, IA 50322
  • $340,000
  • STATUS: Closed
  • ON SITE: 248 Days
  • MLS #: 685431
Sold - 12/29/2023
$340,000
SOLD - 12/29/2023
  • 6
    BEDS
  • 0.35
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,918
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

School District:

Description

Today we are presenting this outstanding investment opportunity in the form of a well-maintained built-for-purpose duplex. Each side of this duplex basically mirrors the other, offering three generously sized bedrooms and an expansive living area, perfect for modern living. The detailed floor plans included in the photos provide a clear overview of the thoughtful layout. -------- Video walkthrough available upon request. -------- In 2020, the property underwent a comprehensive renovation. This renovation included updates to all major systems, ensuring that every aspect of the duplex meets current standards. The renovations were conducted with all necessary permits, complying with the requirements to maintain the tax abatement status. -------- This property has ample parking space available, a feature highly sought after by tenants. Currently, both units are occupied under lease agreements, with one unit renting for $1,300 per month and the other at $1,250. -------- Another unique selling point of this property is the partial tax abatement still in effect for approximately seven more years. This abatement translates into annual savings of over $4,000a notable financial benefit for any investor. -------- For an investor looking to add a high-potential, low-maintenance property to their portfolio, this duplex is an ideal choice. It's a property that promises not just returns but also ease of management and long-term satisfaction for both the owner and the tenants.

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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: 2024-07-20T18:22:26.783.
www.searchcentraliowahomes.com/homes/145265606
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6503 Hickman Road Des Moines, IA 50322

  • Price: $350,000
  • Status: Closed
  • On Site: 248 Days
  • Updated: 120 min ago
  • MLS #: 685431
6
Beds
3
Baths
0
½ Baths
0.35
Acres
2,918
SQFT
$0
$/SQFT
1940
Built
Neighborhood:
Des Moines N.West
County:
Polk
Area:
Des Moines N.West
School District:
Des Moines Independent
Property Description
Today we are presenting this outstanding investment opportunity in the form of a well-maintained built-for-purpose duplex. Each side of this duplex basically mirrors the other, offering three generously sized bedrooms and an expansive living area, perfect for modern living. The detailed floor plans included in the photos provide a clear overview of the thoughtful layout. -------- Video walkthrough available upon request. -------- In 2020, the property underwent a comprehensive renovation. This renovation included updates to all major systems, ensuring that every aspect of the duplex meets current standards. The renovations were conducted with all necessary permits, complying with the requirements to maintain the tax abatement status. -------- This property has ample parking space available, a feature highly sought after by tenants. Currently, both units are occupied under lease agreements, with one unit renting for $1,300 per month and the other at $1,250. -------- Another unique selling point of this property is the partial tax abatement still in effect for approximately seven more years. This abatement translates into annual savings of over $4,000a notable financial benefit for any investor. -------- For an investor looking to add a high-potential, low-maintenance property to their portfolio, this duplex is an ideal choice. It's a property that promises not just returns but also ease of management and long-term satisfaction for both the owner and the tenants.
Exterior Features

Architectural Style Ranch Construction Materials Vinyl Siding Foundation Details Block Roof Asphalt Shingle

Interior Features

Appliances Dishwasher Microwave Refrigerator Stove Washer Basement Crawl Space Cooling Central Air Cooling YN Yes Furnished Unfurnished Heating Forced Air Gas Natural Gas Heating YN Yes

Property Features

Buyer Financing FHA Gross Income 2600 Home Warranty YN No Lease Considered YN No Listing Terms Cash Conventional FHA VALoan Lot Features Rectangular Lot Sewer Public Sewer Tax Annual Amount 2436 Tax Year 2022 Water Source Public Zoning Resid

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: 2024-07-20T18:22:26.783.
 
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