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$250,000
Est. payment /mo
4 BD
1 BA
2,673 SqFt
Active
1527 Forest Avenue Des Moines, IA 50314
UPDATED:
09/30/2024 09:59 PM
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
HOA Y/N No
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
Rooms
Basement Unfinished
Interior
Heating Electric
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Private Pool No
Building
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Tax ID 080/03839-000-000
Monthly Total Fees $216
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
©2024 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by EXP Realty, LLC