Property Description

This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.

Features
: Forced Air, Gas
: Central Air, Window Unit(s)
: Unfinished
: Smoke Detector(s)
: Public Sewer
Construction
: Asphalt, Shingle
Two Story
R1-60
Other
Dryer,Fuel Tank - Owned,Range,Refrigerator,Washer
0.17 Sqft
Des Moines N.East
7,600 Sqft
$2,812
1,621 Sqft
$0
$0
Listing Office Info
723046
GGRE
Gillum Group Real Estate LLC
Jeff Horner@Gillum-Group.com
Jeff Horner
34814
(515) 619-8592
Location
1315
Street
12th
US
IA
Polk
Des Moines
50316
W94° 23' 44.3''
N41° 36' 10.4''
11001370000000
E
University to 12th Street. Head North on 12th Street and Property is on the right hand side of the road or the east side of the street.

Residential For Sale

1315 12th Street, Des Moines, Iowa 50316

3 Bedrooms
3 Bathrooms
1,621 Sqft
Visits : 18 in 261 days
$215,000
Listing ID #723046
Basic Details
Property Type : Residential
Listing Type : For Sale
Price : $215,000
Property Sub Type : Residential
Status : Active
Year Built : 1900
Square Footage : 1,621 Sqft
Lot Area : 0.17 Acre
Bedrooms : 3
Bathrooms : 3
Baths Total : 3
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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