3612 Ingersoll Avenue Des Moines, IA 50312
UPDATED:
09/30/2024 10:09 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 9,818 sqft
Price per Sqft $101
MLS Listing ID 700116
Bedrooms 14
Full Baths 8
HOA Y/N No
Year Built 1912
Annual Tax Amount $10,934
Lot Size 0.501 Acres
Acres 0.501
Property Description
highly sought after Ingersoll & Grand Corridor, one of the most coveted locations in the Des Moines metro.
This historic property features a 10,653 SF building with 8 units, including six large 2-bedroom units and
two 1-bedroom units, offering an ideal mix of living spaces. Many updates have been made to the units,
enhancing their appeal and marketability. The potential for the 2-bedroom units to be easily converted to
3-bedroom units adds further flexibility and value to this remarkable investment.
Built in 1912 and zoned MX2, this property offers a unique blend of historical charm and modern
development opportunities. With 50% occupancy and a brand new $50k boiler, there's significant room for
immediate upside. Don't miss out on the chance to add this distinctive, well-located property to your portfolio and capitalize on the burgeoning multifamily and low-rise/garden investment market in the Des Moines area.
Location
State IA
County Polk
Area Des Moines West
Zoning MX2
Rooms
Basement Finished, Unfinished
Interior
Heating Hot Water, Natural Gas
Cooling Window Unit(s)
Furnishings Unfurnished
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Roof Type Asphalt,Shingle
Private Pool No
Building
Lot Description Rectangular Lot
Dwelling Type Apartment,Multi Family
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Tax ID 09007912000000
Monthly Total Fees $911
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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