1527 Forest Avenue, Des Moines, IA 50314
- $199,000
- 4
- BD
- 2
- BA
- 3,729
- SqFt
- List Price
- $199,000
- Status
- ACTIVE
- MLS#
- 737839
- Year Built
- 1924
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 3,729
- Lot Size
- 4,250
- Region
- Des Moines N.West
Property Description
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.
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Additional Information
- Street Name
- Forest Avenue
- Agent Id
- 39085
- Zip
- 50314
- Region
- Des Moines N.West
- City
- Des Moines
- Acres
- 0.10
- School District
- Des Moines Independent
- Zoning
- N5
Mortgage Calculator
Listing courtesy of 515 Rentals & Sales LLC.
Data courtesy of the Des Moines Area Association of REALTORS