Restricted Address DES MOINES, IA 50311

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

This cash-flowing property is in the heart of the Drake neighborhood and right across the street from the new Broadlawns Clinic at Drake. This fully occupied 4 unit property brings in 3050/mo of rent and all unit specific utilities are paid for by tenants directly. Property has 8+ parking spaces off the street and additional street parking. This could also be a great house hacking opportunity to offset the current housing costs with owner occupied financing with as little as 5% down creating a situation where the fellow tenants offset the mortgage. Contact listing agent for Income statement and specific rent roll per unit.