1361 York Street

Des Moines, IA 50316

About this property

Attention Investors! Here's a prime opportunity for you: A 4-unit property boasting robust cash flow and strategic enhancements designed to attract tenants. This gem comprises two 2-bedroom units and two 1-bedroom units. Recent updates are plentiful, featuring fresh exterior paint, a partially new roof (completed in 2019), 2 new furnaces, and 2 new water heaters (2020) Kitchen remodel in unit 4 (2021) New Carpet Unit 3 (2024) Additionally, two units have been outfitted with new carpeting in 2019, while two others boast updated bathrooms. One unit has received a fresh coat of interior paint, enhancing its appeal. The lower level also has additional space that could be leased for storage. Equipped with refrigerators and stoves in each unit, convenience is a priority here. Situated near a bus line, with a short commute to downtown Des Moines and easy access to I-235, this location offers unparalleled convenience for tenants. It's not just an investment; it's a pathway to wealth through real estate. Don't miss out on this lucrative opportunity!

Features and Additional Information

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$252,000 Pending
2,213 SQFT

Presented By Coldwell Banker Distinctive Properties Telluride

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Keller Williams Realty GDM
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Area Information

Des Moines N.East | Polk County |

$ 252,000
This listing is play_arrow 38.5% higher than the average in the area
$ 182,000 in the area
2,213 SqFt
This listing is play_arrow 107.0% larger than the average in the area
1,069 SqFt in the area
$ 114 $/SqFt
This listing is play_arrow 33.1% less than the average in the area
$ 170 $/SqFt in the area
90 days on site
This listing is play_arrow 0.0% below the average in the area
90 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Erin Rundall
Brokerage: Keller Williams Realty GDM

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