Amenities

PETRSTRC

Directions

From 235, North On Mlk, West On Hickman, North On 24th. Building On East Side Of Road.

2501 24th St, Des Moines, Iowa

$2,000,000
Total Units: 21
MLS # 548143
Save  |  Map  |  Print
For more information on this property, call Iowa Realty at (515) 453-6004

For more information on this home or any others, contact us today!
Share |
Details: Multi-Family
MLS# 548143
County Polk
Style Apartment Style
Zoning R-3
Total Units 21
Year Built 1965<
Lot Size 220X307
Lot SF 67540
Acres 1.55
School District Des Moines Independent
School and Community Information
Property Description
Ranch style 21 Unit Apartment Complex with high blend of 3 bedrooms units. Newly rebuilt in 2015/16 and put into use June of 2016. 100% new MEP. Tax abatement in place! Rental Certificate current. Looking for cash-flow? This is the one. Unit Breakdown: 2x 4bed/2bath \ 11x 3 bed/2bath \ 1x 2bed/2bath \ 6x 2bed/1bath \ 1x 1bed/1bat Lots of redevelopment within a stone's throw of this property including Freedom Blend Coffee, MLK Senior Apartments, and Broadlawn expansion. [[Listing broker has a financial interest in selling LLC]]
Unit bedrooms
3 Bedroom 11
2 Bedroom 7
1 Bedroom 1
TOTAL UNITS 21
Unit Bathrooms Full 3/4 1/2
3 Bedroom 2
2 Bedroom 1
1 Bedroom 1
TOTAL ALL UNITS 35 0 0
Unit kitchens
Number of Kitchens 21
Number of Ranges 21
Number of Refrigerators 21
Estimated Expenses and Income
Expenses Paid By BLDGINSO,ELECTTEN,TAXESOWN,WATEROWN
Gross Income $230,700
Total Expenses $71,980
Structure
Foundation Concrete Block, See Remarks
Exterior See Remarks
Basement Crawl Space, Partial
Heat Gas Forced Air
Air Conditioner Central
Water CITY
Sewer City
Service Information
Off-Street Parking 36 Spaces
Laundry Yes
Separate Meters Yes
Furnished No
Storage No
Sidewalk Yes
Paving Yes
Deposit Yes
Manager No
Tax & Terms Information
Gross Taxes $3,820
Net Taxes $3,820
Tax Year 2018
Terms Available Cash, Conventional, See Remarks
Listing courtesy of Coluzzi Real Estate Data courtesy of the Des Moines Area Association of REALTORS

There are currently no listings available.

view more