2931 Kingman Blvd, Des Moines, IA 50311

Beds
6
Baths
5
Sqft
3,367
Garage
Yes

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Listed byRealty ONE Group Impact
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Overview

Rare investment opportunity grossing $4,140 per month in the highly desirable Kingman neighborhood of Des Moines. A 5 unit property with assigned off street parking for each unit. Additionally there is a detached car garage for further potential rental income. The units have been well updated, including 200 amp service metered to each unit, fresh paint, carpet, and the majority of the hardwood flooring being refinished. Current rental rates are: Unit 1 (occupied 8/01) $1200. Unit 2 (occupied) $815 Unit 3 (Occupied) $695. Unit 4 (occupied) $835. Unit 5 (occupied) $595. This is a perfect combination of a well maintained and highly marketable rental property that still has room for future revenue enhancing improvements.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
3
Number of bedrooms
6
Number of bathrooms
5
Square feet
3,367
Lot size (acres)
0.26
Year built
1909

Interior features

Basement
Yes, Finished

Garage and parking

Garage parking spaces
2

Utilities

Heating
Forced Air, Natural Gas
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount
$5,120

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Des Moines Area Association of REALTORS® MLS MLS®#: 740269 Last checked:

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