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2419 Cottage Grove Avenue, Des Moines, IA 50311

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For Sale

$675,000

8 baths • 8,631 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $78.21
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space.Great for work-from-home office. The month-to-month tenancy allows for a seamless transition, and the current low rents present an opportunity for increased income. The property features coin-op laundry for extra revenue and untapped storage space that could generate additional income. Tenants pay for their electricity, while the owner covers common areas, heat, and water. With ample parking and easy commuting, this property is an attractive choice for tenants. Whether it's the proximity to key locations, the spacious units, or the potential for increased income, The Cutler presents a unique opportunity for multifamily/low-rise/garden investors seeking a blend of historical charm and financial potential. 6 units are 2-Bed, 2 Units are 1-Bed. Tenants pay Electric and Gas, Owner pays common area electric, heat, water. All information obtained from Seller and public records.
MLS# 694678

Courtesy Of RE/MAX Precision

(515) 223-9492

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Brick
  • Floor Covering
    Carpet
  • Heating Fuel
    Electric
  • Heating System
    Hot Water
  • Lot Size
    0.15 Acres
  • Roof Type
    Unknown
  • Rooms
    Full Bath

Map and Directions

Directions to 2419 Cottage Grove Avenue, Des Moines, IA 50311

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Copyright © 2024 Des Moines Area Association of REALTORS ®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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