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1418 E 9th Street Des Moines, IA 50316 Multi Unit - Multiple

Pending
  • 1418 E 9th Street, Des Moines, IA 50316 Main Photo

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Description

Great cash flow opportunity in this perfectly located nice and well managed 4plex in the Heart of Des Moines, minutes to downtown. With this building being almost 4000 square feet, the units are very spacious! You have 2, 2bedroom 1 bath units. And 2, 1 bed 1 bath units. Tenants pay utilities with sperate meters. Each unit has its own separate, central air. Enjoy some recent updates fresh paint, newer flooring, and some newer windows. This property would be perfect for someone looking to house hack, buy and occupy, and only put 3% down! Or for any investor looking to add 4 units to their portfolio with room to raise rents! Call to set up a showing. All information obtained from seller and public records.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 3,710
County: Polk
Listed By:
RE/MAX Precision Marshalltown 515-223-9492
No Coast MLS
$300,000
Est. $1,881/mo
3,710sqft
Pending
BEDS0 BATHS0 SQUARE FEET3,710 MLS#6333582
STATUS PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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1418 E 9th Street, Des Moines, IA 50316.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $300,000$300,000$300,000
Down Payment $60,000$10,500$75,000
Monthly Mortgage Amount $1,363$1,719$1,794
Taxes $418$418$418
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $1,881$2,369$2,312

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