1. Iowa
2. Des Moines
3. 2419 Cottage Grove Avenue

2419 Cottage Grove Avenue, Des Moines, IA 50311

• 14 beds |
• 8 baths |
• 8,631 sqft

Property Description

Introducing The Cutler Apartments, a historic gem located just blocks from Drake University, Downtown, and Interstate 235, offering unparalleled 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.

Listing Status:

Active

Date Added:

November 11, 2024 at 06:00AM

Listing Office:

CHASE Collective : (319) 231-1160

Listing Agent:

Chase Keller : (319) 231-1160

MLS ID:

707454

Construction

• General: Brick

Location

Lot

Financial

This listing courtesy of Chase Keller, CHASE Collective