612 16th St, Des Moines, IA, 50309

About This Home

Beautiful two-story brick triplex for sale in the historic Sherman Hill neighborhood. This listing is for 612 and 614 16th Street. The building includes two one-bedroom apartments and one three bedroom apartment with two bathrooms. Perfect house hacking opportunity. Live in one apartment and rent out the remaining two. Fannie Mae offers competitive mortgage rates with 5% down for owner occupied properties. Major capital improvements have been completed over the last several years including wiring and plumbing upgrades, roof replacement, new central air, new water heaters, furnace, and much more. Significant work has been done to retain the historic character of the home including extensive brick work and restoration of the original windows throughout the building. The rental permit is current through 2028 and rental history has been consistently strong. The apartments are separately metered for gas and electric. All of the apartments have central heat. Two of the apartments have central air. No HOA. Some unique characteristics of the property include a two-car detached garage and a large fully fenced back yard. Apartments require 24 hour minimum notice to show. Buyer's agents welcome.