3 Beds
2 Baths
1,110 SqFt
3 Beds
2 Baths
1,110 SqFt
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 1,110 sqft
Price per Sqft $202
MLS Listing ID 744976
Style Cape Cod,One and One Half Story
Bedrooms 3
Three Quarter Bath 2
Construction Status Resale
HOA Y/N No
Year Built 1927
Annual Tax Amount $3,379
Lot Size 6,751 Sqft
Acres 0.155
Property Sub-Type Residential
Property Description
This well-maintained property is tenant occupied with a lease in place through July 2027, generating $2,500 per month in rental income, making it an ideal turnkey addition to your investment
portfolio.
The home underwent a complete interior remodel in 2023, including all new windows, creating an updated, modern living space while minimizing future maintenance. The roof is less than 10 years old, and the seller reports no known issues, offering added confidence for the next owner.
An added bonus is 2705 College Ave, which includes a detached one-car garage along with surface parking for tenants of both 2703 and 2707, providing valuable off-street parking rarely found in the area.
Whether you're a seasoned investor or looking to begin building your real estate portfolio, this property delivers
immediate cash flow with long-term stability.
Location
State IA
County Polk
Area Des Moines N.East
Zoning Res
Rooms
Basement Partially Finished
Main Level Bedrooms 2
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplaces Type Electric
Fireplace Yes
Appliance Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Stove
Exterior
Roof Type Asphalt,Shingle
Private Pool No
Building
Lot Description Rectangular Lot
Entry Level One and One Half
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Level or Stories One and One Half
New Construction No
Construction Status Resale
Schools
School District Des Moines Independent
Others
Senior Community No
Tax ID 080/06424-000-000
Monthly Total Fees $281
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Schools and Properties Nearby
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