Des Moines, IA 50311 1241 33rd Street
$1,200,000
30 more
Presented By: BEX Realty, LLC
- MLS# 700351
- 08/02/2024
Beds • 18
Baths • 12
SQFT • 6,836
Home Details
The Drake Residences are a 6 unit condo platted community located within the campus of Drake University. This premier turnkey student housing opportunity includes a single family house with five large townhomes, each comprised of 3 Bedrooms and 2 Bathrooms with in-unit laundry. This cash-flowing asset features professionally designed units in a superb location. All units have been fully updated with modern finishes - including quartz countertops, shaker cabinets, and stainless steel appliances. Electrical, plumbing, windows, and most HVAC units are newer. Each residence has separate gas and electric meters that are paid by the residents, along with a flat rate common utility billing program for water/sewer/trash/landscaping. Easy to self manage and transfer on its current platform. Currently priced at an actual 8 cap based on continued self management.
Presented By: BEX Realty, LLC
Interior Features for 1241 33rd Street
Bedrooms
Total Bedrooms18
Bathrooms
3/4 Baths0
Half Baths
Total Baths12
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area1236.0
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
General for 1241 33rd Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityDes Moines
Construction MaterialsBrick, MetalSiding
CoolingCentralAir
CountyPolk
Days on Market14
DirectionsForest ave to 33rd to home.
Elementary School DistrictDes Moines Independent
Full Baths12
Garage Y/NNo
HeatingElectric, ForcedAir, Gas
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 DescriptionUNIT B EDGEWOOD CONDOMINIUM
Lot Size UnitsAcres
MLS AreaDes Moines N.West
Middle/Junior School DistrictDes Moines Independent
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
PostalCityDes Moines
Private PoolNo
Property Attached Y/NNo
Property SubTypeApartment
Property TypeMultiFamily
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Structure TypeApartment, MultiFamily
Tax Annual Amount5424.0
Tax Year2023
TermsCash, Conventional
View Y/NNo
Waterfront Y/NNo
ZoningNX2
Exterior for 1241 33rd Street
Building Area Total6836.0
Crops Included Y/NNo
Foundation DetailsPoured, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Road Surface TypeAsphalt
SpaNo
Water SourcePublic
Additional Details
Price History
Rachel Tiskevics
Realtor®