1250 9th StreetDes Moines, IA 50314

Description

Turnkey duplex in Des Moines' River Bend Historic District generating $2,750/month in combined rental income. The first-floor 4-bedroom, 1-bathroom unit rents for $1,550/month and is month-to-month, while the second-floor 3-bedroom, 1-bathroom unit rents for $1,200/month and is on a 6-month lease. The second-floor unit also received a brand new furnace within the past year. With 2,504 square feet across both units, there's plenty of room to spread out, plus both units have laundry rooms and hook ups as an added tenet benefit. Water is owner-paid, while gas and electric are separately metered and tenant-paid. Average gas and electric costs are approximately $186/month for Unit 1 and $149/month for Unit 2. A 2-car detached garage provides additional storage and potential for extra income, all situated on a 0.2-acre lot in the historic River Bend neighborhood.

Property Information

Property type

Residential Income

Sub-type

Duplex

Structure type

Duplex

Year built

1893

Living area

2,504 Sq Ft

Lot size

0.20 acres

Lot dimensions

66X132

Garage spaces

2

Zoning

N5

Days on market

87

MLS^® Listing#

747580

Property Features

Appliances

Cooktop · Refrigerator

Cooling

Window Unit(s)

Heating

Natural Gas · Forced Air

Flooring

Carpet

Basement

Unfinished

Parking

Detached · Garage

Laundry

Main Level · Upper Level

Lot features

Rectangular Lot

Construction

Metal Siding

Foundation

Brick/Mortar

Roof

Asphalt · Shingle

Community

Sidewalks

Utilities

Electricity Available · Natural Gas Available · Water Available

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$3,146

Parcel number

08002811000000

Directions

From the West Des Moines area, head east toward downtown Des Moines; continue north to 9th Street. Property is at 1250 9th St.