Ask a Question
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Central Air
Garage: 2
Heating: Gas, Hot Water, Natural Gas
Home Style: Two Story
Lot Size: 0.26 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $5,358
Year Built: 1909
Feature Descriptions
Appliances: Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
Days on Site: 4
Exterior: Asbestos
Flooring: Vinyl
Lot Dimensions: 75X150
Parcel#: 09003767000000
Parking: Detached, Garage, Two Car Garage
Parking Notes: Detached, Garage, Two Car Garage
Security: Security System, Fire Alarm, Smoke Detector(s)
Sewer: Public Sewer
Units: 5
Water: Public
Local Schools
School District: Des Moines Independent
Listed By / Shown By
Listed By
Agency Name: LPT Realty, LLC
Agency Phone: (877) 366-2213
Shown By
Agency Title: Hunziker & Associates, REALTORS
Agency Phone: 515-233-4450
TOUR THIS HOME
Choose a date and time to see 2931 Kingman Boulevard, Des Moines, IA 50311.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 446.50 per month $0.00 Principal & Interest $446.50 Property Tax $0.00 Homeowner's InsuranceChange Payment Information
Print This Listingx
Select a format below, new window will open and will prompt you to print.
2931 Kingman Boulevard | MLS# 752541
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.