Strong investment opportunity in Des Moines! This duplex sitting on a corner lot, infront of a park, offers immediate income (combined current income $2,000) potential to raise rent on one unit to $1,100. Live in one and rent one or rent both units. Very big units with potential to finish basement (super high ceilings). Each unit features same layout well-sized bedrooms, functional layouts, and inviting living areas that make it easy to attract and retain renters. The property provides solid rental demand in the area, with room to increase value over time. Conveniently located near downtown, shopping, and major roads. Whether you're expanding your portfolio or getting started in real estate, this is a great opportunity to own an income-producing property with long-term upside. updated mechanicals and new roof/facia and soffits. Current rental certificate.
Legal: S 85 F LOT 13 BLK 3 LAYMANS 2ND ADD
737839
$199,000
Sale
MultiFamily
1527 Forest Avenue
Des Moines
Polk
IA
50314
4
3729
2
2
3729
4250
Des Moines N.West
3300
1924
Des Moines Independent
No
515 Rentals & Sales LLC, Adam Metzker (515.204.6535)