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717 Franklin Ave Des Moines, IA 50314

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For Sale
$275,000

Six-unit multifamily property with income and parking.

Lot size:
0.30 Acres

Property Features for 717 Franklin Ave

General Information

Standard status
Active
Lot size
0.30 Acres
Exterior features
Electricity Available, Natural Gas Available, Water Available, Asphalt, Shingle
Interior features
Forced Air, Gas, Natural Gas, Refrigerator, Stove

Building Details

Year built
1901

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Listing Contact
Abby Hausmann Virgil
Source: Kw

Listing Agency: Greater Des Moines Listing Agent: Abby Hausmann Virgil

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Income-Producing Multifamily Property For Sale

This is a six-unit multifamily property that is currently income-producing. All units are rented, generating a total monthly income of $3850. There is potential for rent increases. The property includes a large basement suitable for landlord storage and a huge parking lot.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6279313
Latitude
41.611439

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property with income and parking.
Where is this apartment building located?
The property is located at 717 Franklin Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: - Income-producing property with all 6 units currently rented.; - Monthly rental income of $3850.; - Potential for rent increases.
More about this property
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