3010 3rd Street, Des Moines, IA 50313

$125,000
2
BD
1
BA
975
SqFt

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List Price
$125,000
Status
ACTIVE
MLS#
749427
Year Built
1906
Bedrooms
2
Bathrooms
1
Living Area
975
Lot Size
6,500
Region
Des Moines N.West

Property Description

Investor opportunity in Des Moines' Oak Park/Highland Park neighborhood! This property is being sold as-is and offers great potential for a cash buyer, rehabber or investor ready to take on a substantial renovation. The home will require foundation/structural work along with additional updates, but a new roof was installed in 2023, providing one major improvement already completed. The location and redevelopment potential are the real opportunity here. Oak Park/Highland Park is an Invest DSM Special Investment District, with programs designed to encourage continued investment in housing and neighborhood revitalization. Eligible investor-developers may be able to utilize the Invest DSM Single Family Developer Program, which can provide grant funding to help bridge the gap between eligible project costs and post-renovation value. Programs may apply to substantial rehabilitation and, in some circumstances, demolition and new construction. Buyer to independently verify eligibility, program requirements and funding availability with Invest DSM prior to beginning work. A unique opportunity to acquire a property in an established neighborhood seeing continued investment and revitalization. Bring your ideas and explore the possibilities! All information obtained from seller and public records.

Additional Information

Street Name
3rd Street
Agent Id
5723
Water
Public
Sewer
Public Sewer
Basement
Unfinished
Foundation
See Remarks
Roof
Asphalt, Shingle
Zip
50313
Region
Des Moines N.West
Style
One and One Half Story
City
Des Moines
Acres
0.15
School District
Des Moines Independent

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Precision.

Data courtesy of the Des Moines Area Association of REALTORS