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1333 22nd Street

Des Moines, IA 50311
  • $425,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 665014
Price Reduced
UPDATED: 62 min ago
$425,000
  • 6
    BEDS
  • 0.22
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,574
    SQFT
  • $165
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1902
County:

School Ratings & Info

School District:

Description

Investors take a look at this completely renovated to the studs (full remodel in 2022), 5plex, conveniently located, with over 9% cap rate! Updates in units include brand new kitchens, bathrooms, a lot of plumbing, electrical, flooring, cabinets, fixtures, counter tops, appliances! Updates to the building include new windows, new roof, new furnaces, water heater, new basement wall, and more. Tenants pay ALL utilities (cash flow analysis available). There is a laundry area that any new owner can get even more cash flow with added coin operated laundry. This property is %100 occupied leases signed, new rental certificate, turn key, and ready to go! Schedule your appointment today. All information obtained from seller and public records.

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© 2023 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Bacon Real Estate | RE/MAX Precision. Data last updated: 2023-02-06T20:21:54.333.
www.callbacon.com/homes/135449994
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1333 22nd Street Des Moines, IA 50311

  • Price: $425,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 62 min ago
  • MLS #: 665014
6
Beds
5
Baths
0
½ Baths
0.22
Acres
2,574
SQFT
$165
$/SQFT
1902
Built
Neighborhood:
Des Moines N.West
County:
Polk
Area:
Des Moines N.West
School District:
Des Moines Independent
Property Description
Investors take a look at this completely renovated to the studs (full remodel in 2022), 5plex, conveniently located, with over 9% cap rate! Updates in units include brand new kitchens, bathrooms, a lot of plumbing, electrical, flooring, cabinets, fixtures, counter tops, appliances! Updates to the building include new windows, new roof, new furnaces, water heater, new basement wall, and more. Tenants pay ALL utilities (cash flow analysis available). There is a laundry area that any new owner can get even more cash flow with added coin operated laundry. This property is %100 occupied leases signed, new rental certificate, turn key, and ready to go! Schedule your appointment today. All information obtained from seller and public records.
Exterior Features

Architectural Style Two Story Attached Garage YN No Construction Materials Vinyl Siding Foundation Details See Remarks Garage YN Yes Levels Two Parking Features DetachedGarageTwo Car Garage Road Surface Type Concrete Roof AsphaltShingle

Interior Features

Appliances RefrigeratorStove Basement Unfinished Basement YN Yes Cooling Window Unit(S) Cooling YN Yes Flooring CarpetVinyl Heating Forced AirGasNatural Gas Heating YN Yes

Property Features

Gross Income 49800 Lease Considered YN No Listing Terms CashConventionalFhaVa Loan Lot Size Dimensions 60X157 Operating Expense 8051 Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 3931.12 Water Source Public Zoning R-3

Listing provided courtesy of Re/Max Precision: (515) 223-9492. © 2023 Des Moines Multiple Listing Service.
© 2023 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Bacon Real Estate | RE/MAX Precision. Data last updated: 2023-02-06T20:21:54.333.
 
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