2931 Kingman Boulevard, Des Moines, IA 50311
- $365,000
- 6
- BD
- 5
- BA
- 3,367
- SqFt
- List Price
- $365,000
- Status
- ACTIVE
- MLS#
- 740269
- Year Built
- 1909
- Price Change
- ▼ $20,000 1785641526
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 3,367
- Lot Size
- 11,250
- Region
- Des Moines West
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.
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Additional Information
- Street Name
- Kingman Boulevard
- Agent Id
- 36566
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Unfinished
- Foundation
- Block
- Garage
- Yes
- Roof
- Asphalt, Shingle
- Zip
- 50311
- Region
- Des Moines West
- Style
- Three Story
- City
- Des Moines
- School District
- Des Moines Independent
- Zoning
- R1-60
Mortgage Calculator
Listing courtesy of Realty ONE Group Impact.
Data courtesy of the Des Moines Area Association of REALTORS