
Seller's Agent in 2019
Joe Henry
Iowa Realty South
(515) 453-5576
150 Total Sales
Historic charm at The Wellsport & Portwell buildings, 2 fully renovated 3 story brick buildings, located in downtown Sherman Hill, built in 1904. This complex has 13 units, each with over 1,200 sf of living area and includes large living room, formal dining area, galley kitchen, 2 bedrooms, 2 baths, balcony, storage area and on site parking. Tenants pay $1,450 - $1,650 per month and responsible for utilities. Each unit has its own furnace, hot water heater and a/c. This building was completely renovated in 2013 and tax abatement on improvements through 2022. Can easily be converted to a condominium complex. In the meantime, you could live in one of the beautiful units and have the building pay for itself and more!!!!
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Est. Annual Taxes
Year Built
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Listing and Financial Details
Overview
Building Details
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/21/2019 03/21/19 | Sold | $2,155,000 | -17.1% | $73 / Sq Ft |
03/14/2019 03/14/19 | Pending | -- | -- | -- |
08/06/2018 08/06/18 | For Sale | $2,600,000 | -- | $89 / Sq Ft |
Seller's Agent in 2019
Joe Henry
Iowa Realty South
(515) 453-5576
150 Total Sales
S
Seller Co-Listing Agent in 2019
Susan Henry
Iowa Realty South
Source: Des Moines Area Association of REALTORS®
MLS Number: 566864