Drake area 5 unit with great rental history. Quiet building with long-term tenants. Same owner for 30 years. Rental certificate just renewed. Expires Oct 2, 2023. Features 4 one bedroom units and one efficiency. Used to have one furnace for the building and was recently converted to electric heat. Each unit pays their own electric. 2 car detached garage. Additional income from coin-op laundry in basement. Extra storage in unfinished attic and basement. 1 and 2 year leases. Rents are: Apt 1-$715, Apt 2 $565, Apt 3 $465, Apt 4 550, Apt 5 $665. Landlord pays water, house electric and house gas (water heater). Separate electric meters. Tenant pays their own electric.
Courtesy of: Key Realty The data relating to real estate for sale on this web site comes in part from the Des Moines Area Association of REALTORS®. Real estate listings held by brokerage firms other than Des Moines Area are marked with the IDX logo. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Greater Des Moines shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Updated: 27th June, 2022 6:15 AM (UTC)