Multi-Family Properties for Sale in Ames, Iowa - Apartment Buildings for Sale | Friedrich Realty

Properties

3103 Grand Avenue, Des Moines, IA 50312

$595,000.00

estimated mortgage

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Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods. The property benefits from excellent visibility, mature tree-lined streets, and proximity to downtown, Ingersoll dining, retail, cultural attractions and major employment centers. Tenants are drawn to the character, charm, and convenience this corridor consistently delivers. This well-maintained multi-family building all units have been recently remodeled presents immediate cash-flow possibilities.

Listing courtesy of

RE/MAX Concepts-Ames

MLS #:

70035

Year Built:

1913

Lot Size:

23225

Exterior:

Brick, Wood Siding

Heat Type:

Electric

Cool Type:

Window Unit(s)

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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