INVESTOR MUST SEE! Located in a beautiful Ingersoll neighborhood, this 6-unit apartment building is primed and ready for an investor looking for a great asset! Currently bringing in $7605 in monthly revenue streams with plenty of upside. The property features three fully established mid-term/short-term furnished units(Remodeled 2023/2024), ideal for traveling professionals or short-term rentals, as well as three long-term units for a perfectly balanced asset strategy. Amenities include on-site coin laundry, dedicated outdoor parking spaces, and five detached garages that offer secure parking or storage for additional revenue streams. Vibrant area with easy access to nearby restaurants, coffee shops, and local businesses. The property features central HVAC but two bottom units have window AC. No shared air. Rental certificate in place up to March 1, 2025. Listing Agent has interest in property.
Sold for $660,000 on 11/01/24
$660,000
4216 Ingersoll Ave, Des Moines, IA 50312
11beds
5,057sqft
Multi Family, Apartment
Built in 1906
-- sqft lot
$653,000 Zestimate®
$131/sqft
$1,623 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 01, 2024 at 07:51am
Listed by:
Dickey, Chris (515)490-3936,
Realty ONE Group Impact
Bought with:
Christa Mooi
LPT Realty, LLC
Source: DMMLS,MLS#: 703031
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air, See Remarks, Window Unit(s)
Features
- Flooring: Hardwood, Laminate, Vinyl
- Basement: Partially Finished,Unfinished,Walk-Out Access
- Furnished: Yes
Interior area
- Total structure area: 5,057
- Total interior livable area: 5,057 sqft
- Finished area below ground: 1,800
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage
- Attached garage spaces: 4
Lot
- Size: 0.36 Acres
- Dimensions: 78.5 x 200.4
Details
- Parcel number: 09008229001000
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Roof: Asphalt,Shingle
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & neighborhood
Community
- Community features: Laundry Facilities, Storage Facilities
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Sell with ease on Zillow
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$653,000
2% more+$13,060
With Zillow Showcase(estimated)$666,060