Sold for $300,000 on Jun 28, 2018
Turn Key Investment Property. 8% Return on this Very Low touch Investment. FULLY Leased, RE-CERTIFIED New 3 Year RENTAL CERTIFICATES, NEW 1 YEAR LEASES. Tenants are all Young Professionals, has been Fully Leased from Day one. Great Property for New Investor to Own and Break into the Des Moines Market. Property is Directly on Campus and always Full. Income per year $30,600. Expenses per Year $6,630. Separate Gas and Electric Meters, water shared between house and duplex & landlord pays, 3 Units total.House renovated and restored in 2014-New Hvac, Plumbing, Electrical,driveway, on site Laundry., Duplex renovated and rebuilt in 2014-New framing, Siding , All Electrical Hotel Heating & Cooling,Plumbing, Electrical etc. and so much more. Tax Abatement through 2024.
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