2525 51st St | Des Moines, IA 50310
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2525 51st St
Des Moines, IA 50310
Multifamily Property For Sale · 2 Units
Investment Highlights
- Large 4 bed, 2 bath units - 2067sf each
- Proforma Cash on Cash: 12.5%
- 1 Mile to Merle Hay Mall
- Proforma CapRate - 8.9%
- 10 Minutes to Downtown
Executive Summary
This very unique Full Brick Duplex in located in a desirable residential neighborhood known as Beaverdale. With large 4 bed, 2 bath units, 2,067sf each side, with a garage and a large back yard, it's not going to be difficult keeping this building occupied with great tenants.
Units are currently occupied and on Month to Month leases, Currently under-rented with room for increased rents!
All utilities are separated and tenants are responsible. Tenants also take care of the lawn care and snow removal, making the management easy and the cashflow great.
Large 2 car garage, separate driveways for each tenant.
Units are currently occupied and on Month to Month leases, Currently under-rented with room for increased rents!
All utilities are separated and tenants are responsible. Tenants also take care of the lawn care and snow removal, making the management easy and the cashflow great.
Large 2 car garage, separate driveways for each tenant.
PROPERTY FACTS
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 2 | $1,775 | 2,067 |
zoning
| Zoning Code | N3B |
| N3B |
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