Here is a perfect opportunity to own a 4 plex. 3 out of the 4 units are tenant occupied. These 4 units are near Union Park. 3 out of 4 of the units have been updated with newer paint, newer flooring 9 ft ceilings. The 2 units on the main floor feature 1 bedroom with a full bath and full size kitchen all appliances in the kitchen are included. The lower level unit in the back features a covered porch
The unit that is vacant has a wrap around porch along with 1 bed and full bath. The 2nd floor units are both 2 bedrooms with a full baths and living room. Newer windows and plenty of parking. We require 48 hour notice.
Income/Expenses 1418 E 9th St Des Moines IA 50316
Income:
Apt 1 $820 Apt 2 675 Apt 3 850 Apt 4 875 Total: $3220
Expenses:
Principal $445
Interest 395
Taxes/Ins 853
Water/Trash/Swr 350
Electricity 20
Snow/Lawn 100
On site manager 100
Total: $2263
Property Features
Heating Information
Natural Gas
Forced Air
Cooling Information
Central Air
Water Features
Public
House Interior
Eat-in Kitchen
Basement
Unfinished
Listing Courtesy: Realty ONE Group Impact - 515-446-7524