Ames, Iowa Home for Sale - House for Sale in Iowa | Friedrich Realty

Properties

2707 College Avenue, Des Moines, IA 50311

$220,000.00

estimated mortgage

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Bedrooms:

4

Baths:

2

Total Living Space:

770 sq. ft.

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, 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

Listing courtesy of

Heartland Realty

MLS #:

70709

Year Built:

1896

Total Living Space:

770 SqFt

Lot Size:

0.15 Acres

Style:

Single Family

Bedrooms:

4

Baths:

2

3/4 Baths:

2

Total Living Space:

770 SqFt

Interior Features:

Ceiling Fan(s)

Exterior:

Aluminum Siding

Foundation:

Block

Heat Type:

Forced Air, Natural Gas

Cool Type:

Central Air

Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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