Property Description
Looking for a cash-flowing rental with zero lease-up risk? This fully remodeled 4-bedroom, 2-bathroom home in DesMoines' 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, solidmasonry foundation, and durable metal siding with modern, move-in-ready finishes throughout. The home sits on agenerous 6,750 sq ft (0.155-acre) lot with a 50' frontage, gas forced-air heat, central air, and a functional basement forstorage or mechanicals.The best part for investors: the property is already tenant-occupied at $2,300/month, with the lease secured through July2027 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 parkingThis home is located within the Neighborhood Finance Corporation (NFC) lending area. Eligible buyers financing through NFC may qualify for a $15,000 forgivable renovation grant, which could help offset the cost of adding a garage or other qualifying improvements after purchase. Buyer eligibility and program guidelines apply.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Cape Cod
Lot Size: 0.15 Acres
Year Built: 1896
Amenities
Ceiling Fan(s)
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Baths 3/4: 2
Days on Site: 27
Exterior: Aluminum Siding
Features: Ceiling Fan(s), Main Floor Bedroom, Main Floor Laundry
Flooring: Luxury Vinyl
Foundation Details: Block
Heating Y/N: Yes
Laundry Features: Main Level
Parcel #: 080/06426-000-000
Sewer: Public Sewer
SQFT Finished Above Grade: 770
SQFT Finished Below Grade: 520
Water: Public
Zoning: Res
Local Schools
School District: Des Moines
Listed By / Shown By
Listed By
Agency Name: Heartland Realty
Agency Phone: 515-432-8872
Shown By
Agent Name: Amanda Shepherd
Agent Phone: (515) 230-6831
Agency Title: Hunziker & Associates, REALTORS
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Estimated Payment
$ 1,176.61 per month $1,112.44 Principal & Interest $0.00 Property Tax (data not provided by mls) $64.17 Homeowner's InsuranceChange Payment Information
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2707 College Avenue | MLS# 70709
This single family home located at 2707 College Avenue, Des Moines, IA 50311 is currently listed for sale with an asking price of $220,000. This property was built in 1896 and has 4 bedrooms and 2 full baths with 1098 sq. ft. College Avenue is located within the Des Moines school district. Search Des Moines real estate on amandashepherd.hunzikerrealty.com today.