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
Listed By
Agency Name: Heartland Realty
Agency Phone: 515-432-8872
Shown By
Agent Name: The Merchant Team
Agent Phone:
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 782.29 per month $489.62 Principal & Interest $228.50 Property Tax $64.17 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2707 College Avenue | MLS# 6340313
This single family home located at 2707 College Avenue, Des Moines, IA 50311 is currently listed for sale with an asking price of $220,000. This property was built in 1896 and has 4 bedrooms and 2 full baths with 7098 sq. ft. Search Des Moines real estate on www.merchantofmo.com today.