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In-PersonVirtual Tour
$ 1,650,000
Est. payment /mo
Price Dropped by $250K
4880 Ingersoll Avenue Des Moines, IA 50312
2,395 Sqft Lot
Open House
Fri Sep 18, 11:00am - 1:00pm
Sat Sep 19, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 743013
HOA Y/N No
Year Built 2024
Annual Tax Amount $26,150
Tax Year 2026
Lot Size 2,395 Sqft
Acres 0.055
Property Description
OPEN Friday and Saturday 11-1 ~INVESTMENT OPPORTUNITY! New Price just made to 1.65! Look at that number twice, because this includes 4 already built executive level townhomes (1672 sq ft each) and 8 additional building slabs. The current occupied rowhomes in the Woods @ Waterbury neighborhood have sold from $660K- $402K. Getting 4 completed properties AND a building site for 8 more in a location like this is amazing. Options for the adjacent lot: build the 8 townhomes, or make it 4 ranch-patio properties ... or even 2 stand-alone garden homes. Take development of this space in a totally different direction, perhaps the available lot is turned into a greenspace park or pool with clubhouse. In this scenario the four completed homes front door would open directly to the park. At this price its possible to truly develop the community into whatever you want! Beyond premiere location in the heart of WATERBURY, just a few blocks from The Des Moines Art Center & rose garden. Tax abatement.
Location
State IA
County Polk
Area Des Moines West
Zoning R
Interior
Cooling Central Air
Fireplace No
Exterior
Private Pool No
Building
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Tax ID 09032501460016
Monthly Total Fees $2, 179
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Iowa Realty Mills Crossing