1064 27th Street, Des Moines, IA 50311
Exciting investment opportunity in the heart of the Drake area! This well-cared-for up-down duplex at 1064 27th offers versatile layouts and great rental potential. The main floor unit features 2 bedrooms, 1 bath, central AC, spacious living areas, and beautiful wood floors. The upper unit includes 2 bedrooms plus a 3rd bedroom/office area, 1 bath, and window unit cooling--perfect for flexible use as a true 3-bedroom unit or an office setup. Both units enjoy roomy bedrooms, great natural light, and loads of character.A detached 2-car garage provides parking or additional rental income opportunities, while the shared laundry in the basement adds convenience for tenants. Updates include a new roof and vinyl windows in good condition. With market rents estimated at $1,200+ per unit, this property is a strong income producer or house-hacking opportunity.Located within the InvestDSM neighborhood boundaries, residents benefit from the area's ongoing revitalization and investment. Close to Drake University, local hospitals, shops, restaurants, and with easy access to the entire metro, this property is well-suited for long-term, mid-term, or short-term rentals. Turnkey and ready for its next owner!
Listing courtesy of
Keller Williams Legacy Group
MLS #:
68335
Year Built:
1900
Total Living Space:
1856 SqFeet
Lot Size:
0.16 Acres
Total Living Space:
1856 SqFeet
Garage:
2 car, detached
Exterior:
Stucco
Foundation:
Brick
Heat Type:
Electric, Forced Air
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.