2707 College Avenue, Des Moines, IA 50311
$220,000.00
estimated mortgage
Request InformationBedrooms:
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.