2901 Rutland Avenue

Des Moines, IA 50311

Large and well maintained 11 plex near Drake University and downtown with a mix of 9 1 bedroom units and 2 two bedroom units. This property is on a great street and has all of the maintenance items already taken care of for its next owner. There is a new in 2011 40+ mill rubber roof with a lifetime warranty and the sloped roofs were replaced in 2015 and 2016 respectively. HVAC has all been updated to meet shared air requirements with boiler, gas forced air, and electric baseboard heat through out. Tenant owned window units in #1-#9 and newer window units owned by seller in #10-11. Various updates throughout the units from windows and flooring to updated kitchens throughout. There is also a coin operated laundry and lots of storage in the basement allowing for further income potential. Open area behind the property is as big as a city lot and was initially approved for parking lot addition. Potential grant money available for investors via InvestDSM. Check this one out today!

This is an Active listing.

Broker Office Phone Number: 515-276-2872

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