Description
Location Location Location This really cool converted 4-plex building is across the street from Drake University. Units consist of 1 - 3 bd1ba, 1 - 2 bd1ba, 1 - 1 bd1ba and 1 - Efficiency. The property has had many updates and deferred maintenance repairs over the last 12 months of ownership. Two of the units are vacant but rent ready for the new owner to occupy or rent out. Once rented estimated rent will be ~$2870. The property is professionally managed and current tenants have an on-time payment history. Ask the agent for a copy of P&L and T12 expenses. The rental certificate expires 06-2023
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6BEDS
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0.18ACRES
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4BATHS
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01/2 BATHS
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2,502SQFT
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$0$/SQFT
Description
Location Location Location This really cool converted 4-plex building is across the street from Drake University. Units consist of 1 - 3 bd1ba, 1 - 2 bd1ba, 1 - 1 bd1ba and 1 - Efficiency. The property has had many updates and deferred maintenance repairs over the last 12 months of ownership. Two of the units are vacant but rent ready for the new owner to occupy or rent out. Once rented estimated rent will be ~$2870. The property is professionally managed and current tenants have an on-time payment history. Ask the agent for a copy of P&L and T12 expenses. The rental certificate expires 06-2023