414 Bell Ave, Des Moines, IA 50315

Excellent investment opportunity in this duplex with strong cash flow! Each unit is nearly 800 square feet in size and includes two bedrooms, one bathroom and a full basement with washer/dryer hook-ups. Recent updates include a new roof, appliances (including dishwashers), flooring, countertops, fresh paint , and refinished hardwood floors in the bedrooms. The property currently grosses $1,350 per month with upside income potential. The units are separately metered for gas, water, and electric utilities. Tenants are responsible for snow removal and lawn care. The property has off-street parking for roughly two cars per unit. Current rental permit through 2016. Maintenance-free brick exterior in good condition. The property has upside rent potential, two bedroom apartments in the neighborhood similar in size lease from $715 to $750 per month. The property is close to schools and neighborhood services. Security deposits are in place for each unit. Please call to schedule a viewing- tenants require 24 hour notice. (515-661-4546), contract financing is not available