3419 1st Street Pending

Des Moines,IA 50313

$ 249900

5 Beds

7 Baths

3306 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,306 sqft

Price per Sqft $75

MLS Listing ID 716291

Style Two Story

Bedrooms 5

Full Baths 7

Year Built 1890

Annual Tax Amount $5,586

Lot Size 9,844 Sqft

Property Description

Investor's dream in the heart of Highland Park! This fully occupied 7-unit multi-family property offers strong, consistent income and holds a current rental certificate, making it a perfect turnkey addition to your portfolio. Originally a single-family home, this property has been thoughtfully converted into a 7-plex with a mix of unit sizes, offering steady demand in a highly rentable location. 7 total units – fully leased with strong rental history. Current rental certificate in place – compliant and ready to go. Separately metered utilities. Prime Highland Park location – steps to public transportation, shopping, laundromat. Off-street parking and easy tenant access. Solid income-producing property, whether you're a seasoned investor or just getting started, this property offers stability, great location, and future upside.

Location

State IA

County Polk

Area Des Moines N.East

Zoning N5

Interior

Heating Hot Water,Natural Gas

Cooling Window Unit(s)

Exterior

Parking Features Detached,Garage,Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Roof Type Asphalt,Shingle

Building

Sewer Public Sewer

Water Public

Schools

School District Des Moines Independent

Others

Monthly Total Fees $465

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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