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4216 Ingersoll Avenue Des Moines, IA 50312
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Key Details
Sold Price $660,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,057 sqft
Price per Sqft $130
MLS Listing ID 703031
Sold Date 11/01/24
Bedrooms 11
Full Baths 6
HOA Y/N No
Year Built 1906
Annual Tax Amount $9,973
Lot Size 0.361 Acres
Acres 0.361
Property Sub-Type Apartment
Property Description
INVESTOR MUST SEE! Located in a beautiful Ingersoll neighborhood, this 6-unit apartment building is primed and ready for an investor looking for a great asset! Currently bringing in $7605 in monthly revenue streams with plenty of upside. The property features three fully established mid-term/short-term furnished units(Remodeled 2023/2024), ideal for traveling professionals or short-term rentals, as well as three long-term units for a perfectly balanced asset strategy. Amenities include on-site coin laundry, dedicated outdoor parking spaces, and five detached garages that offer secure parking or storage for additional revenue streams. Vibrant area with easy access to nearby restaurants, coffee shops, and local businesses. The property features central HVAC but two bottom units have window AC. No shared air. Rental certificate in place up to March 1, 2025. Listing Agent has interest in property.
Location
State IA
County Polk
Area Des Moines West
Zoning R-3
Rooms
Basement Partially Finished, Unfinished, Walk-Out Access
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air, See Remarks, Window Unit(s)
Flooring Hardwood, Laminate, Vinyl
Furnishings Furnished
Fireplace No
Exterior
Parking Features Attached, Garage
Garage Spaces 4.0
Garage Description 4.0
Community Features Laundry Facilities, Storage Facilities
Utilities Available Electricity Available, Water Available
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
HOA Fee Include Internet,Maintenance Grounds,See Remarks,Taxes,Trash,Snow Removal
Tax ID 09008229001000
Monthly Total Fees $831
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with LPT Realty, LLC