641 19th Street

    Des Moines, IA 50314
    • $2,600,000
    • STATUS: Active
    • ON SITE: 169 days
    • MLS #: 566864
    UPDATED: 225 min ago
    $2,600,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 26
      BATHS
    • 0
      1/2 BATHS
    • 29,325
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Historic charm at The Wellsport & Portwell buildings, 2 fully renovated 3 story brick buildings, located in downtown Sherman Hill, built in 1904. This complex has 13 units, each with over 1,200 sf of living area and includes large living room, formal dining area, galley kitchen, 2 bedrooms, 2 baths, balcony, storage area and on site parking. Tenants pay $1,450 - $1,650 per month and responsible for utilities. Each unit has its own furnace, hot water heater and a/c. This building was completely renovated in 2013 and tax abatement on improvements through 2022. Can easily be converted to a condominium complex. In the meantime, you could live in one of the beautiful units and have the building pay for itself and more!!!!

    Monthly Payment Calculator

    © 2019 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: 2019-01-23T00:22:05.827.
    www.exitrealtycc.com/homes/86311009

    641 19th Street Des Moines, IA 50314

    • Price: $2,600,000
    • Status: Active
    • Updated: 225 min ago
    • MLS #: 566864
    0
    Beds
    26
    Baths
    0
    ½ Baths
    0.44
    Acres
    29,325
    SQFT
    $89
    $/SQFT
    1904
    Built
    Neighborhood:
    Downtown
    County:
    Polk
    Area:
    Downtown
    School District:
    Des Moines Independent
    Property Description
    Historic charm at The Wellsport & Portwell buildings, 2 fully renovated 3 story brick buildings, located in downtown Sherman Hill, built in 1904. This complex has 13 units, each with over 1,200 sf of living area and includes large living room, formal dining area, galley kitchen, 2 bedrooms, 2 baths, balcony, storage area and on site parking. Tenants pay $1,450 - $1,650 per month and responsible for utilities. Each unit has its own furnace, hot water heater and a/c. This building was completely renovated in 2013 and tax abatement on improvements through 2022. Can easily be converted to a condominium complex. In the meantime, you could live in one of the beautiful units and have the building pay for itself and more!!!!
    Exterior Features

    Exterior Brick Lot Size 165X116 Off Street Parking 13/14 Paved Yes Sidewalk Yes Storage Yes Style Three Story

    Interior Features

    Air Conditioning Central Basement Desc Unfinished Basement Fin Sq Ft 750 Basement Sq Ft 6270 Baths Total 26.00 Dishwashers Total 13 Disposals Total 13 Fridges Total 13 Furnished No Heat Gas Forced Air Heat Source Natural Kitchens Total 13 Laundry Yes Living Area Sq Ft 29325 Stoves Total 13

    Property Features

    Association Fee Yn No Board ID Iowa Realty Deposit Yes Foundation Brick Gross Operating Income 21450 Landlord Tenant Utilities Electric TenantGas TenantInsurance TenantMisc Exp LandlordWater Landlord REO No Sellers Request No Separate Meters Yes Sewer City Tax Year 2018 Termite Call Listing Agent Terms Available CashConventionalSee Remarks Total2 Bedroom Units 13 Water City Zoning R-Hd

    Listing provided courtesy of Iowa Realty South. © 2019 Des Moines Multiple Listing Service.
    © 2019 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: 2019-01-23T00:22:05.827.
     
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