For sale
  • $355,000

    1072 27th St, Des Moines, IA 50311

    3beds
    2,769sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $128/sqft
    $-- HOA

    What's special

    New basement windowsFull remodelNew appliances
    Looking for a 1031 exchange or an easy way to build an investment portfolio? This multi-family 5 plex is it! All five units are rented out, and the cap rate is over 8.6%. Building updates include: new water heater, new fire escape (in progress), new flooring and paint in the hallway common area, new exterior door, new basement windows, exterior tuckpointing. Unit updates include: - Apt 1: Full remodel including bathroom and kitchen, new appliances, and new flooring. Some new windows and exterior door - Apt 3: Basement - New flooring and stove, new door - Apt 4: Full remodel including bathroom and kitchen, new appliances, and new flooring - Apt 5: Full remodel including bathroom and kitchen, new appliances, and new flooring Building has a 6th unit on top floor that can be renovated and rented out or lived in by a new owner.
    16 days
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    204
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    6
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