2618 E 9th Street, Des Moines, IA 50316

$350,000
1
BA
1,321
SqFt

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List Price
$350,000
Status
ACTIVE
MLS#
750289
Year Built
1910
Bathrooms
1
Living Area
1,321
Lot Size
4,100
Region
Des Moines N.East

Property Description

INVESTMENT OPPORTUNITY! Unique income-producing package featuring four addresses across two parcels, offering a mix of residential, office, and rental space. All four addresses currently have tenants in place, providing an opportunity for an investor to acquire an established multi-property rental package. The package includes a single-family residence at 2618 E 9th St. office space at 2620 E 9th, and a two-story building addressed as 2622 E 9th and 831 Morton Ave. The two-story building features one rental unit on the main level and one rental unit on the upper level. The combination of residential, office, and multi-unit space provides a diverse mix of uses within one investment package. All four addresses are being sold together and will not be sold individually. Utilities: 2618 E 9th St. is tenant-paid for all utilities. At the other three properties, tenants pay their own utilities; owner pays electric and water for common areas. Buyer to verify all information, including rental terms, leases, expenses, zoning, and property details.

Additional Information

Street Name
E 9th Street
Agent Id
325508452
Water
Public
Sewer
Public Sewer
Foundation
Brick/Mortar
Zip
50316
Region
Des Moines N.East
Style
One and One Half Story
City
Des Moines
Acres
0.09
School District
Des Moines Independent
Zoning
N5

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Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC.

Data courtesy of the Des Moines Area Association of REALTORS