$625,000
$625,000
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612 Bancroft Street Des Moines, IA 50315
14 Beds
12 Baths
5,695 SqFt
Key Details
Sold Price $625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,695 sqft
Price per Sqft $109
MLS Listing ID 635819
Sold Date 12/08/21
Style Two Story
Bedrooms 14
Full Baths 12
HOA Y/N No
Year Built 1950
Annual Tax Amount $15,094
Lot Size 0.750 Acres
Acres 0.75
Property Description
Wonderful Multi-unit Investment Opportunity in an upcoming location, just across the river and less than 5 minutes from Downtown Des Moines! This area is growing in popularity and there is a New development in eye sight from the apartments. There are Four buildings, each with 3 units. Out of the 12 units, 10 are 1 bedroom and 2 are 2 bedrooms. Recent updates include: new roofs, new exterior doors, some windows, some new fridges, new toilets and a couple new bathroom vanities. There is also a security camera system that can be accessed through your phone. Could add more cash flow each month by improving the 4 garages to rent and adding coin laundry in current laundry room space. 100% Occupied! Call your agent today!
Location
State IA
County Polk
Area Des Moines S.West
Zoning R-4
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Window Unit(s)
Fireplace No
Appliance Refrigerator, Stove
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Roof Type Asphalt,Shingle
Private Pool No
Building
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Des Moines Independent
Others
Tax ID 01003068000000
Monthly Total Fees $1, 257
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Financing See Remarks
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