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$ 269,000
Est. payment /mo
Price Dropped by $6K
717 Franklin AVE Des Moines, IA 50314
4,233 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 4,233 sqft
Price per Sqft $63
MLS Listing ID 68691
HOA Y/N No
Year Built 1901
Annual Tax Amount $3,077
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type See Remarks
Source Central Iowa Board of REALTORS®
Land Area 4233
Property Description
This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $4120/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info.
All units have only one tenant currently, so landlord expenses are low.
Individual rents:
#1 $650
#2 $870
#3 $750
#4 $650
#5 $600
#6 $600
All units have only one tenant currently, so landlord expenses are low.
Individual rents:
#1 $650
#2 $870
#3 $750
#4 $650
#5 $600
#6 $600
Location
State IA
County Polk
Zoning N5
Body of Water Public
Interior
Heating Forced Air, Natural Gas
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Schools
School District Des Moines
Listed by Keller Williams- Ankeny Metro