1333 22nd St, Des Moines, IA 50311

Investors, take a look at this completely renovated 5plex! High gross rent with a 9.9% cap rate! Updates in all the units include brand new kitchens, bathrooms, new flooring, new cabinets, granite counter tops, plumbing, electrical fixtures, and appliances!   Updates to the building include all new windows, new roof, new furnaces, water heater, new basement wall and bracing. Turnkey Investment. Qualified tenants pay ALL utilities (cash flow analysis available). Conveniently located near Drake and near new restaurants and shops.   There is a laundry area ready that new owner can add Net Cash Flow with coin/card laundry service. This property is 100% occupied, New 1-year leases, passed inspection and received 2-year rental certificate!   Schedule your appointment today. All information obtained from seller and public records.