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!
Based on the average sale price from the Ames, IA office
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Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
672 19th Street Des Moines, IA is a Single Family Home for sale at $149000 with 4737 sqft and a lot size of 0.172 Acres Acre(s). 672 19th Street Des Moines has 0 bedrooms, 0 baths and was built in 1914. The property's zip code is 50314 which is in Des Moines, IA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.