This CASH FLOWING 12-unit portfolio consists of 4 Tri-Plexes next to one another. Rents have been increased to the maximum 2022 HUD limits and the property is 100% occupied. What I love about this property is the NEW roof, NEW windows, and brick exterior. Many of the units have certainty of rental collection via local rental assistance programs! All NEW Rental Certificates are in place. All units will be available to tour after an offer has been accepted. The seller is open to seller financing.
Features
14 bedrooms
12 bathrooms
crop_free0.75 ac. lot size
cottageMulti-Family
Property history for 612 Bancroft St
2021
Sold
$625,000
08 Dec 2021 by Dustin Kupka, of Goodall Properties Llc
Happy sellers in Des Moines
87%
sentiment_very_satisfied
87% of sellers in Des Moines reported that their sale price either exceeded or met their price expectations.
Des Moines stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 16 reviews in Des Moines over the last 12 months.
Local market activity for 14 bedroom multi families in Des Moines
Sold
For Sale
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