1527 Forest Avenue Active

Des Moines,IA 50314

$ 250000

4 Beds

1 Bath

2673 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,673 sqft

Price per Sqft $93

MLS Listing ID 704838

Bedrooms 4

Full Baths 1

Year Built 1924

Annual Tax Amount $2,600

Property Description

Positioned on the corner of Forest Ave & 16th St in Des Moines. This duplex presents a lucrative investment opportunity. Two 2bed 1 bath units (1350 SF) Both units currently occupied with leases in place ($1,050/$975). Heat, water & electric paid for by tenant. Low expenses, Rent's above market rate; This duplex is a perfect opportunity for a first time investor or one looking to grow the portfolio with this hands off- easy to manage asset. Contact Listing agent for OM & financials.

Location

State IA

County Polk

Area Des Moines N.East

Zoning N5

Interior

Heating Electric

Exterior

Utilities Available Electricity Available,Natural Gas Available,Water Available

Building

Sewer Public Sewer

Water Public

Schools

School District Des Moines Independent

Others

Monthly Total Fees $216

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

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