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2419 Cottage Grove Avenue

Des Moines, IA 50311
  • $675,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 694678
$675,000
  • 14
    BEDS
  • 0.15
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 8,631
    SQFT
  • $78
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

School District:

Description

convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space.Great for work-from-home office. The month-to-month tenancy allows for a seamless transition, and the current low rents present an opportunity for increased income. The property features coin-op laundry for extra revenue and untapped storage space that could generate additional income. Tenants pay for their electricity, while the owner covers common areas, heat, and water. With ample parking and easy commuting, this property is an attractive choice for tenants. Whether it's the proximity to key locations, the spacious units, or the potential for increased income, The Cutler presents a unique opportunity for multifamily/low-rise/garden investors seeking a blend of historical charm and financial potential. 6 units are 2-Bed, 2 Units are 1-Bed. Tenants pay Electric and Gas, Owner pays common area electric, heat, water. All information obtained from Seller and public records.

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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: 2024-05-26T22:22:33.077.
www.exitrealtycc.com/homes/150195908
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2419 Cottage Grove Avenue Des Moines, IA 50311

  • Price: $675,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 694678
14
Beds
8
Baths
0
½ Baths
0.15
Acres
8,631
SQFT
$78
$/SQFT
1910
Built
Neighborhood:
Des Moines West
County:
Polk
Area:
Des Moines West
School District:
Des Moines Independent
Property Description
convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space.Great for work-from-home office. The month-to-month tenancy allows for a seamless transition, and the current low rents present an opportunity for increased income. The property features coin-op laundry for extra revenue and untapped storage space that could generate additional income. Tenants pay for their electricity, while the owner covers common areas, heat, and water. With ample parking and easy commuting, this property is an attractive choice for tenants. Whether it's the proximity to key locations, the spacious units, or the potential for increased income, The Cutler presents a unique opportunity for multifamily/low-rise/garden investors seeking a blend of historical charm and financial potential. 6 units are 2-Bed, 2 Units are 1-Bed. Tenants pay Electric and Gas, Owner pays common area electric, heat, water. All information obtained from Seller and public records.
Exterior Features

Construction Materials Brick See Remarks Foundation Details Block Road Surface Type Concrete Roof Rubber

Interior Features

Appliances Dishwasher Refrigerator Stove Washer Below Grade Finished Area 2000 Cooling Window Units Cooling YN Yes Flooring Carpet Furnished Unfurnished Heating Electric Hot Water Natural Gas Heating YN Yes

Property Features

Community Features Laundry Facilities Electric On Property YN Yes Gross Income 103100 Home Warranty YN No Lease Considered YN No Listing Terms Cash Conventional FHA Operating Expense 37958 Owner Pays Electricity Gas Water Property Sub Type Apartment Sewer Public Sewer Structure Type Apartment Multi Family Tax Annual Amount 9640 Tenant Pays Electricity Gas Utilities Electricity Available Natural Gas Available Water Available Water Source Public Zoning R-3

Listing provided courtesy of RE/MAX Precision: (515) 223-9492. © 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: 2024-05-26T22:22:33.077.
 
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