Des Moines, IA 50316 833 E University Avenue
$350,000
Pending
4 more
Presented By: Realty Concepts
- MLS# 683922
- 10/18/2023
Beds • 8
Baths • 6
Home Details
6 Plex Conversion on a bustling street for sale.
Investment property available for sale. This is a great building that has been historically fully occupied. Its a mixed use building with 5 apartment and 1 commercial unit. Potential upside on rent as some are below market rent. Will be great for owner user or an aspiring investor.
Please see attachments for Rent Roll and YTD Financials and possible owner finance option with premium on price but lower than the bank interest rate.
Listing Agent has interest in the Property
Presented By: Realty Concepts
Interior Features for 833 E University Avenue
Bedrooms
Total Bedrooms8
Bathrooms
3/4 Baths0
Half Baths
Total Baths6
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
General for 833 E University Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityDes Moines
CountyPolk
Days on Market40
DirectionsGo east on university
Elementary School DistrictDes Moines Independent
Full Baths6
Garage Y/NNo
High School DistrictDes Moines Independent
Home Owner Association Y/NNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionS 99 F LT 12 PART PLAT E 1/2 OL 1 DEANS 2ND SUB
DIV OL IN NW 1/4 SEC 3-78-24
Lot Size UnitsAcres
MLS AreaDes Moines East
Middle/Junior School DistrictDes Moines Independent
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
PostalCityDes Moines
Private PoolNo
Property Attached Y/NNo
Property TypeMultiFamily
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusPending
StatusPending
Tax Annual Amount3254.47
Tax Year2023
TermsCash, Contract
View Y/NNo
Waterfront Y/NNo
Year Built1925
ZoningMX2
Exterior for 833 E University Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1159
Lot Size Area0.1159
Open Parking Y/NNo
SpaNo
Additional Details
Price History
Rachel Tiskevics
Realtor®