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Off market
  • $197,200

    1331 Morton Investor 3 Home Offering, Des Moines, IA 50316

    3beds
    1,284sqft
    SingleFamily
    Built in 1901
    6,600 sqft lot
    $197,200 Zestimate®
    $154/sqft
    $-- HOA

    What's special

    ATTENTION INVESTORS! Right on the Grandview Campus, on a street with only 4-5 homes left between E. 14th and E. 13th as Grandview College has been purchasing homes and removing them for future campus expansion, we are offering THREE of these homes for sale as a preferable investor package purchase. All three have been long term rentals and the current landlord is liquidating all rental properties in her portfolio. This is an EXCELLENT opportunity to purchase income property with cash flow, right on Campus with easy tenant demand due to the students, AND the inevitable likelihood Grandview College will need to buy these homes in the future for campus expansion. This home is currently rented for $900/month with college students staying throughout the 2016-2017 year. Three year rental permit issued in late 2014. Features include: Three bedrooms and one full bathroom up, main level has a living room, dining room and remodeled kitchen. Screened in porch off the back. Full basement for storage. Home is in normal condition with the flooring needing replaced in the dining room after current tenants vacate. Full remodel in 2006. The owner would like to sell at three to the same buyer preferably (as would be ideal so that the buyer has full control of any future Grandview College expansion). There is no sign in the yard. Serious inquires only. This home to be sold with 1327Morton and 1335 Morton (also listed on Zillow).

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,284 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 6,600 sqft

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Des Moines
    Services availability
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