1206 39th Street
$2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2 years.
This property is in a high-demand rental area, with proximity to local amenities, schools, and public transportation. Whether you're looking to add to your existing investment cash flowing portfolio or step into the Des Moines rental market for the first time, this location offers excellent cash flow potential with minimal maintenance concerns due to recent updates. (Neighboring property 3903 University is also for sale, would consider a discount if sold together)
Legal: N 43 FT S 143 FT E 86 1/4 FT LOT 61 CHETWYND
Property Information
722298
$200,000
Sale
OneAndOneHalfStory
MultiFamily
1206 39th Street
Des Moines
Polk
IA
50311
4
1964
3
3
Unfinished
1964
3709
Des Moines N.West
3303
2025
1918
Des Moines Independent
Features
OneAndOneHalfStory
BuiltInOven, Refrigerator
Utilities
Baseboard, Electric
Public
PublicSewer
WindowUnits
No
Miscellaneous
Asbestos
Listed By
Keller Williams Realty GDM, Darson Grantham (641.745.0156)
Mortgage Calculator
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