686 19th St - Apartments FOR SALE


Des Moines, IA 50314- Sherman Hill
$499,900 USD
515-771-3299
686 19th St, Des Moines, IA for Sale
$499,900 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

686 19th St
Des Moines, IA 50314
Sherman Hill


HIGHLIGHTS

  • 6 - 1 Bedrooms
  • Sherman Hill
  • Minutes from everywhere
  • Built in 1913
  • 5,692 SF mid-rise building

OVERVIEW

Discover this Sherman Hill six plex n the heart of Des Moines. Built in 1913 and zoned NX2A, this charming Sherman Hill six plex is now available for sale. Boasting an impressive 83% occupancy rate, this investment promises immediate returns and long-term potential. Each unit offers hardwood flooring and lots of windows appealing to today's discerning tenants. With a proud heritage and thoughtful updates, this property stands as a testament to timeless appeal and lucrative investment in the thriving Des Moines market. Don't miss out on the chance to elevate your portfolio with this prime multifamily gem.

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$88 USD /SF

# OF UNITS

6

PRICE/UNIT

$83,317

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R-HD

APN/PARCEL ID

030-00439000000

ASK ABOUT THIS PROPERTY

Mick GrossmanKW CommercialMore Info
515-771-3299

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Mick GrossmanKW CommercialMore Info
515-771-3299

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.