Des Moines, IA 50316 1361 York Street
$247,000
15 more
Presented By: Keller Williams Realty GDM
Home Details
Attention Investors! Here's a prime opportunity for you: A 4-unit property boasting robust cash flow and strategic enhancements designed to attract tenants. This gem comprises two 2-bedroom units and two 1-bedroom units. Recent updates are plentiful, featuring fresh exterior paint, a partially new roof (completed in 2019), 2 new furnaces, and 2 new water heaters (2020) Kitchen remodel in unit 4 (2021) New Carpet Unit 3 (2024) Additionally, two units have been outfitted with new carpeting in 2019, while two others boast updated bathrooms. One unit has received a fresh coat of interior paint, enhancing its appeal. The lower level also has additional space that could be leased for storage.
Equipped with refrigerators and stoves in each unit, convenience is a priority here. Situated near a bus line, with a short commute to downtown Des Moines and easy access to I-235, this location offers unparalleled convenience for tenants. It's not just an investment; it's a pathway to wealth through real estate. Don't miss out on this lucrative opportunity!
Presented By: Keller Williams Realty GDM
Interior Features for 1361 York Street
Bedrooms
Total Bedrooms6
Bathrooms
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
BasementFinished
Basement (Y/N)Yes
Below Grade Finished Area650.0
Electric On Property Y/NYes
Fireplace Y/NNo
Furnished Y/NUnfurnished
Heating Y/NYes
General for 1361 York Street
Additional Parcels Y/NNo
AppliancesRefrigerator, Stove
Architectural StyleTwoStory
Attached Garage No
Carport Y/NNo
CityDes Moines
Construction MaterialsMetalSiding
CoolingWindowUnits
CountyPolk
Days on Market64
DirectionsFrom I235 take exit 6B, North on Pennsylvania, East on E University, North on York to home
Elementary School DistrictDes Moines Independent
Full Baths4
Garage Y/NNo
Gross Income3015.0
HeatingForcedAir, Gas, NaturalGas
High School DistrictDes Moines Independent
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 384 POLK & HUBBELL'S ADD
LevelsTwo
Lot Size Square Feet7500.0
Lot Size UnitsAcres
MLS AreaDes Moines N.East
Middle/Junior School DistrictDes Moines Independent
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal4
Occupancy TypeTenant
Operating Expense427.0
OwnerPaysElectricity, Gas, Insurance, Water
PostalCityDes Moines
Private PoolNo
Property Attached Y/NNo
Property TypeMultiFamily
Rent Control Y/NNo
RoofAsphalt, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount3563.0
Tax Year2022
TermsCash, Conventional, Contract, FHA, VALoan
UtilitiesElectricityAvailable, NaturalGasAvailable, WaterAvailable
View Y/NNo
Waterfront Y/NNo
Year Built1900
ZoningR1-60
Exterior for 1361 York Street
Building Area Total2213.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50X150
Lot Size Acres0.172
Lot Size Area0.172
Open Parking Y/NNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Additional Details
Price History
Rachel Tiskevics
Realtor®