2707 College Avenue
Des Moines, IA 50311

$220,000

  • 4
    Bedrooms
  • 2
    Bathrooms
  • 7,098
    Square Feet

Looking for a cash-flowing rental with zero lease-up risk? This fully remodeled 4-bedroom, 2-bathroom home in Des Moines' desirable Northwest submarket is ready to perform from day one. Completely renovated inside in 2023, this Colonial-style home combines classic 1896 character arched detailing, solid masonry foundation, and durable metal siding with modern, move-in-ready finishes throughout. The home sits on a generous 6,750 sq ft (0.155-acre) lot with a 50' frontage, gas forced-air heat, central air, and a functional basement for storage or mechanicals. The best part for investors: the property is already tenant-occupied at $2,300/month,...read more with the lease secured through July 2027 offering an incoming owner immediate, predictable cash flow and no vacancy gap. 2703, 2705 & 2707 College Ave, Des Moines are being sold as a package. - 2705 vacant lot for tenant off-street parking

Property Highlights

  • Cooling

    Central Air

  • Heating

    Forced Air

  • Taxes

    $2,742 Taxes

  • Water

    Public

  • Year Built

    Built in 1896

VIEW ALL FEATURES
Contact the Listing Agent