1418 E 9th St, Des Moines, IA 50316

Here is a perfect opportunity to own a 4 plex. 3 out of the 4 units are tenant occupied. These 4 units are near Union Park. 3 out of 4 of the units have been updated with newer paint, newer flooring 9 ft ceilings. The 2 units on the main floor feature 1 bedroom with a full bath and full size kitchen all appliances in the kitchen are included. The lower level unit in the back features a covered porch The unit that is vacant has a wrap around porch along with 1 bed and full bath. The 2nd floor units are both 2 bedrooms with a full baths and living room. Newer windows and plenty of parking. We require 48 hour notice. Income/Expenses 1418 E 9th St Des Moines IA 50316 Income: Apt 1 $820 Apt 2 675 Apt 3 850 Apt 4 875 Total: $3220 Expenses: Principal $445 Interest 395 Taxes/Ins 853 Water/Trash/Swr 350 Electricity 20 Snow/Lawn 100 On site manager 100 Total: $2263