Greater Des Moines Market Center

Home for Sale at 4716 SE 3rd Street, Des Moines, IA 50315

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4716 SE 3rd Street, Des Moines, IA 50315
Listing# 457801
Sold Price: $109,000
Full Bathrooms: 1
Type: Multi-Family
School District: Des Moines Independent
County: Polk
    Photo of home for sale at 4716 3RD Street SE, Des Moines IA
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Property Description:
Excellent addition to your real estate investment portfolio! Duplex - each unit 2 BR, 1 BA. Both units presently occupied and never vacant for more than a few weeks. Good location on the corner of E. McKinley Avenue and SE 3rd Street in South Des Moines. Newer asphalt roof and Masonite hardboard siding in 2008. Newer furnaces in both units within 10-12 years. Newer hot water heaters within 3 years. Electric laundry hookups. Each unit on separate electric and water meters; tenants pay all utilities. Tenants also responsible for snow removal and lawn care. 20 year guaranty (approx. 10 years remaining) on anchored walls in basement. Good cash flow with CAP rate of approx. 10%. Call for appointment!

Property Type:Multi-Family
Listing Status:Sold
Sold Date:5/2/2016
Area Name:Des Moines S.East
Exterior:Brick, See Remarks
Foundation:Concrete Block
Year Built:1968
Lot Square Feet:13923
Off Street Parking:Yes
Air Conditioning:Central
Heat:Gas Forced Air
Total Full Baths:1
Basement Description:Unfinished
School District:Des Moines Independent

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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Greater Des Moines shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.


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