Great investor opportunity! This historic Sherman Hill property was built as a 3-plex in the early1900s. Each floor had a 1,400 sf, two bedroom apartment with a formal dining room, large living room and sunroom. Some original tile and hardwood flooring remain in the building and could be restored. The original fire boxes and chimney remain in the building. The main building has a newer commercial TPO roof, installed by the previous owner, and the interior of the building is mostly demolished, ready for restoration. The back addition has some fire damage and needs repair. Seller can complete repairs prior to close, if requested. The property is eligible for state historic tax credits up to 45%. Contact your realtor to ask about historic tax credit details. The property will also qualify for 10 year tax abatement on all improvements. Floorplan drawings for3 bedroom layout available upon request. This building has tons of potential and is in a great location. Convenient to downtown, parks, Ingersoll, Gateway, restaurants, breweries, and Hoyt Sherman Place. Contact a realtor and set a time to stop by and check this opportunity out!
Legal: LOT 6 T E BROWNS 2ND ADD
731168
$189,000
Sale
ThreeStory
MultiFamily
672 19th Street
Des Moines
Polk
IA
50314
900
4737
3
PartiallyFinished
4737
7500
Downtown
3950
2025
1914
Des Moines Independent
RectangularLot
ThreeStory
Hardwood
Gas, NaturalGas
Public
PublicSewer
WindowUnits
No
Stucco
Iowa Realty Mills Crossing, York Taenzer (515.321.1873)
Listed by : BASSMAN REAL ESTATE, JILL BASSMAN (515.988.5983)
Listed by : PLATINUM REALTY LLC, JC WILSON (515.360.9434)
Listed by : RE/MAX PRECISION, JENNIFER STANBROUGH (515.371.4814)
Listed by : AGENCY IOWA, MACKENZIE KEENAN (815.541.0445)
Listed by : IOWA REALTY MILLS CROSSING, RANDY KRAMER (515.240.8418)
Listed by : RE/MAX REAL ESTATE CENTER, JAMES EDWARDS (515.802.7229) & RE/MAX REAL ESTATE CENTER, JAKE ESCHER (515.298.2900)