Des Moines, IA 50314 1527 Forest Avenue
$250,000
6 more
Presented By: EXP Realty, LLC
- MLS# 704838
- 09/27/2024
Beds • 4
Baths • 1
SQFT • 2,673
Home Details
Positioned on the corner of Forest Ave & 16th St in Des Moines. This duplex presents a lucrative investment opportunity. Two 2bed 1 bath units (1350 SF) Both units currently occupied with leases in place ($1,050/$975). Heat, water & electric paid for by tenant. Low expenses, Rent's above market rate; This duplex is a perfect opportunity for a first time investor or one looking to grow the portfolio with this hands off- easy to manage asset. Contact Listing agent for OM & financials.
Presented By: EXP Realty, LLC
Interior Features for 1527 Forest Avenue
Bedrooms
Total Bedrooms4
Bathrooms
3/4 Baths0
Half Baths
Total Baths1
Other Interior Features
Air Conditioning Y/NNo
BasementUnfinished
Basement (Y/N)Yes
Fireplace Y/NNo
Heating Y/NYes
General for 1527 Forest Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityDes Moines
CountyPolk
DirectionsEast on Forest Ave to corner of 16th Street.
Electric On Property Y/NNo
Elementary School DistrictDes Moines Independent
Full Baths1
Garage Y/NNo
HeatingElectric
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 DescriptionS 85 F LOT 13 BLK 3 LAYMANS 2ND ADD
Lot Size UnitsAcres
MLS AreaDes Moines N.East
Middle/Junior School DistrictDes Moines Independent
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
PostalCityDes Moines
Private PoolNo
Property TypeMultiFamily
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount2600.0
Tenant PaysElectricity, Gas, Water
TermsCash, Conventional, FHA
UtilitiesElectricityAvailable, NaturalGasAvailable, WaterAvailable
Waterfront Y/NNo
Year Built1924
ZoningN5
Exterior for 1527 Forest Avenue
Building Area Total2673.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Rachel Tiskevics
Realtor®