SoldNov 10, 2021

Listed by Ryan Lynch

Bought with Junior Ibarra

Source: Des Moines Area Association of REALTORS #632774

1427 5th Ave, Des Moines, IA, 50314

$265,000

14
6310 sq. ft.
8200 sq. ft.

Other

30+ days on the market

Sold: Nov 10, 2021

What's around 1427 5th Ave

About this property

Seven unit building with $52,740 annual revenue at 100% occupancy. Since this owner has held the building they have put on a new roof, new skylight, new stop-box, repaired the sewer line, replaced some windows, significantly repaired the boiler, and put in a new gas line. They are instituting a RUBS program to charge each tenant $75/month for water. Ask your agent for the attached Pro-Forma today.

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