21
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$149,000
Est. payment /mo
4,737 SqFt
Price Dropped by $38K
672 19th Street Des Moines, IA 50314
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,737 sqft
Price per Sqft $31
MLS Listing ID 731168
Style Three Story
HOA Y/N No
Year Built 1914
Annual Tax Amount $3,950
Tax Year 2025
Lot Size 7,492 Sqft
Acres 0.172
Property Description
Great investor opportunity! This historic Sherman Hill property was built as a 3-plex in the early1900s. Each floor had a 1,400 sf, two bedroom apartment with a formal dining room, large living room and sunroom. Some original tile and hardwood flooring remain in the building and could be restored. The original fire boxes and chimney remain in the building. The main building has a newer commercial TPO roof, installed by the previous owner, and the interior of the building is mostly demolished, ready for restoration. The back addition has some fire damage and needs repair. Seller can complete repairs prior to close, if requested. The property is eligible for state historic tax credits up to 45%. Contact your realtor to ask about historic tax credit details. The property will also qualify for 10 year tax abatement on all improvements. Floorplan drawings for3 bedroom layout available upon request. This building has tons of potential and is in a great location. Convenient to downtown, parks, Ingersoll, Gateway, restaurants, breweries, and Hoyt Sherman Place. Contact a realtor and set a time to stop by and check this opportunity out!
Location
State IA
County Polk
Area Downtown
Zoning R-HD
Rooms
Basement Partially Finished
Interior
Heating Gas, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Roof Type Rubber
Private Pool No
Building
Lot Description Rectangular Lot
Entry Level Three Or More
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Des Moines Independent
Others
Tax ID 03000436000000
Monthly Total Fees $329
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Iowa Realty Mills Crossing
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