1361 York Street , Des Moines, IA 50316
Des Moines, IA 50316
Description
Attention Investors! Here's a prime opportunity for you: A 4-unit property boasting robust cash flow and strategic enhancements designed to attract tenants. This gem comprises two 2-bedroom units and two 1-bedroom units. Recent updates are plentiful, featuring fresh exterior paint, a partially new roof (completed in 2019), 2 new furnaces, and 2 new water heaters (2020) Kitchen remodel in unit 4 (2021) New Carpet Unit 3 (2024) Additionally, two units have been outfitted with new carpeting in 2019, while two others boast updated bathrooms. One unit has received a fresh coat of interior paint, enhancing its appeal. The lower level also has additional space that could be leased for storage. Equipped with refrigerators and stoves in each unit, convenience is a priority here. Situated near a bus line, with a short commute to downtown Des Moines and easy access to I-235, this location offers unparalleled convenience for tenants. It's not just an investment; it's a pathway to wealth through real estate. Don't miss out on this lucrative opportunity!
Details
| MLS# | 693474 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 178 |
| Listing Provided By | Keller Williams Realty GDM | Erin Rundall |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,213 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | R1-60 |
| Acreage | 0.17 |
Market Activity 50316
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Learn More About This Property
| State | IA |
|---|---|
| County | Polk |
| City | Des Moines |
| Zip Code | 50316 |
| Area | Des Moines N.East |
| Listing VS Median (in 50316) | |
Price: $247,000 low | high Med: $177,999 SqFt: 2,213 low | high Med: 1,107 $ / SqFt: $112 low | high Med: $161 On Site: 178 low | high Med: 34.000000 | |