Turn Key Investment Property. 8% Return on this Very Low touch Investment. FULLY Leased, RE-CERTIFIED New 3 Year RENTAL CERTIFICATES, NEW 1 YEAR LEASES. Tenants are all Young Professionals, has been Fully Leased from Day one. Great Property for New Investor to Own and Break into the Des Moines Market. Property is Directly on Campus and always Full. Income per year $30,600. Expenses per Year $6,630. Separate Gas and Electric Meters, water shared between house and duplex & landlord pays, 3 Units total.House renovated and restored in 2014-New Hvac, Plumbing, Electrical,driveway, on site Laundry., Duplex renovated and rebuilt in 2014-New framing, Siding , All Electrical Hotel Heating & Cooling,Plumbing, Electrical etc. and so much more. Tax Abatement through 2024.
Off market
$376,200
1301 24th St, Des Moines, IA 50311
--beds
4baths
3,145sqft
MultiFamily
Built in 1912
-- sqft lot
$376,200 Zestimate®
$120/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Heating
- Forced air, Gas
Cooling
- Central
Features
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,145 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 6,490 sqft
Details
- Parcel number: 08006903000000
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete
- Roof: Asphalt
Condition
- Year built: 1912
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Style: 1.5 Story
- Last Change Type: New Listing
- Basement Desc: Slab
- Exterior: Frame
- Landlord Tenant Utilities: Electric Tenant, Insurance Landlord, Water Landlord
- Property Type: Multi-Family
- Foundation: Brick
- MLS: Des Moines
- Sellers Request: 0
- Geocode Source: PxPoint
Services availability

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Get a complimentary Zillow Showcase℠ listing and you could sell for .
$376,200
2% more+ $7,524
With Showcase(estimated)
$383,724