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Property Description
Rare investment opportunity 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) $1050. Unit 2 (occupied) $795. Unit 3 (Vacant) Published rate $695. Unit 4 (occupied) $820. 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Garage: 2
Heating: Forced Air, Gas, Natural Gas
Home Style: Three Story
Lot Size: 0.26 Acres
Roof Type: Asphalt, Shingle
Stories: 3.0
Taxes: $5,120
Year Built: 1909
Feature Descriptions
Appliances: Refrigerator
Days on Site: 3
Exterior: See Remarks
Lot Dimensions: .258
Parcel#: 09003767000000
Parking: Detached, Garage, Two Car Garage
Parking Notes: Detached, Garage, Two Car Garage
Sewer: Public Sewer
Units: 5
Utilities: Electricity Available, Natural Gas Available, Water Available
Water: Public
Local Schools
School District: Des Moines Independent
Listed By / Shown By
Listed By
Agency Name: Realty ONE Group Impact
Agency Phone: (515) 446-7524
Shown By
Agency Title: Hunziker & Associates, REALTORS
Agency Phone: 515-233-4450
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Estimated Payment
$ 426.67 per month $0.00 Principal & Interest $426.67 Property Tax $0.00 Homeowner's InsuranceChange Payment Information
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2931 Kingman Boulevard | MLS# 740269
This multi-family property located at 2931 Kingman Boulevard, Des Moines, IA 50311 is currently listed for sale with an asking price of call for price. Kingman Boulevard is located within the Des Moines Independent school district. Search Des Moines real estate on www.hunzikerrealty.com today.