2931 Kingman Boulevard, Des Moines, IA 50311
2931 Kingman Boulevard, Des Moines, IA 50311
2931 Kingman Boulevard, Des Moines, IA 50311
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$360,000
Est. payment /mo
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6 Beds
5 Baths
3,367 SqFt
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2931 Kingman Boulevard Des Moines, IA 50311

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,367 sqft

Price per Sqft $106

MLS Listing ID 752541

Style Two Story

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1909

Annual Tax Amount $5,358

Lot Size 0.258 Acres

Acres 0.258

Property Description

Rare investment opportunity grossing $4,140 per month in the highly desirable Kingman neighborhood of Des Moines. A 5 unit property with assigned off street parking for each unit. Additionally there is a detached car garage for further potential rental income. The units have been well updated, including 200 amp service metered to each unit, fresh paint, carpet, and the majority of the hardwood flooring being refinished. Current rental rates are: Unit 1 (occupied 8/01) $1200. Unit 2 (occupied) $815 Unit 3 (Occupied) $695. Unit 4 (occupied) $835. Unit 5 (occupied) $595. This is a perfect combination of a well maintained and highly marketable rental property that still has room for future revenue enhancing improvements.

Location

State IA

County Polk

Area Des Moines West

Zoning R1-60

Rooms

Basement Unfinished

Interior

Heating Gas, Hot Water, Natural Gas

Cooling Central Air

Flooring Vinyl

Furnishings Unfurnished

Fireplace No

Appliance Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Roof Type Asphalt,Shingle

Private Pool No

Building

Entry Level Two

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Des Moines Independent

Others

Tax ID 09003767000000

Monthly Total Fees $446

Security Features Security System,Fire Alarm,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by LPT Realty, LLC

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Philip Strong

Philip Strong

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+1(515) 360-4633

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2931 Kingman Boulevard