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1527 Forest Avenue

Des Moines, IA 50314
  • $250,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 704838
UPDATED: 70 min ago
$250,000
  • 4
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,673
    SQFT
  • $94
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

School District:

Description

Positioned on the corner of Forest Ave & 16th St in Des Moines. This duplex presents a lucrative investment opportunity. Two 2bed 1 bath units (1350 SF) Both units currently occupied with leases in place ($1,050/$975). Heat, water & electric paid for by tenant. Low expenses, Rent's above market rate; This duplex is a perfect opportunity for a first time investor or one looking to grow the portfolio with this hands off- easy to manage asset. Contact Listing agent for OM & financials.

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© 2024 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 EXIT Realty Capital City. Data last updated: 2024-11-09T19:22:43.697.
www.exitrealtycc.com/homes/155927647
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1527 Forest Avenue Des Moines, IA 50314

  • Price: $250,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 70 min ago
  • MLS #: 704838
4
Beds
1
Baths
0
½ Baths
N/A
Acres
2,673
SQFT
$94
$/SQFT
1924
Built
Neighborhood:
Des Moines N.East
County:
Polk
Area:
Des Moines N.East
School District:
Des Moines Independent
Property Description
Positioned on the corner of Forest Ave & 16th St in Des Moines. This duplex presents a lucrative investment opportunity. Two 2bed 1 bath units (1350 SF) Both units currently occupied with leases in place ($1,050/$975). Heat, water & electric paid for by tenant. Low expenses, Rent's above market rate; This duplex is a perfect opportunity for a first time investor or one looking to grow the portfolio with this hands off- easy to manage asset. Contact Listing agent for OM & financials.
Interior Features

Basement Unfinished Basement YN Yes Heating Electric Heating YN Yes

Property Features

Lease Considered YN No Listing Terms Cash Conventional FHA Sewer Public Sewer Tax Annual Amount 2600 Tenant Pays Electricity Gas Water Utilities Electricity Available Natural Gas Available Water Available Water Source Public Zoning N5

Listing provided courtesy of EXP Realty, LLC: (833) 835-5566. © 2024 Des Moines Multiple Listing Service.
© 2024 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 EXIT Realty Capital City. Data last updated: 2024-11-09T19:22:43.697.
 
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