$295,000
$295,000
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4 Beds
5 Baths
2,522 SqFt
SOLD DATE : 09/27/2022
Key Details
Sold Price $295,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,522 sqft
Price per Sqft $116
MLS Listing ID 654503
Sold Date 09/27/22
Style Two Story
Bedrooms 4
Full Baths 3
Three Quarter Bath 2
HOA Y/N No
Year Built 1895
Annual Tax Amount $5,068
Lot Size 9,888 Sqft
Acres 0.227
Property Description
Drake area 5 unit with great rental history. Quiet building with long-term tenants. Same owner for 30 years. Rental certificate expires Oct 2, 2023. Features 4 one bedroom units and one efficiency. Used to have dual furnaces for the building and was recently converted to electric heat. Each unit pays their own electric. 2 car detached garage. Additional income from coin-op laundry in basement. Extra storage in unfinished attic and basement. 1 and 2 year leases. Rents are: Apt 1-$715, Apt 2 $565, Apt 3 $465, Apt 4 550, Apt 5 $665. Landlord pays water, house electric and house gas (water heater). Separate electric meters.
Location
State IA
County Polk
Area Des Moines West
Zoning N5
Rooms
Basement Partial, Unfinished
Interior
Heating Electric, Forced Air, See Remarks
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Exterior
Garage Detached, Garage, Two Car Garage
Garage Spaces 2.0
Garage Description 2.0
Community Features Storage Facilities
Utilities Available Electricity Available, Natural Gas Available, Water Available
Roof Type Asphalt,Shingle
Parking Type Detached, Garage, Two Car Garage
Private Pool No
Building
Entry Level Two
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Des Moines Independent
Others
Tax ID 09003675000000
Monthly Total Fees $422
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Financing Contract
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