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$3,200,000
Est. payment /mo
28,288 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 28,288 sqft
Price per Sqft $113
Subdivision Sunset Hill Addn
MLS Listing ID 22501594
Year Built 1971
Lot Size 1.238 Acres
Acres 1.238
Lot Dimensions Varies
Property Sub-Type Other
Property Description
Welcome to this fantastic investment opportunity! With 32 units, each featuring two bedrooms and one bath, spread across 8 buildings, this property offers both spacious living and investment potential. Convenient off-street parking ensures hassle-free accommodation for tenants. Situated on the west side, it's close to shopping, restaurants, and entertainment, making it highly desirable. The heating is efficient with a boiler system, and wall AC units provide comfort. Not only does this property offer immediate rental income, but it also holds potential for future commercial use on the land. Additionally, extra income streams are available through laundry facilities in each building, ensuring convenience for tenants and increased profitability for you as an investor. Don't miss out on this opportunity – check it out today!
Location
State SD
County Minnehaha
Area Sf-Sw03
Rooms
Basement Full
Interior
Heating Other
Cooling Window Unit
Appliance Refrigerator, Oven/Range
Exterior
Exterior Feature Part Brick, Stucco/Drivit, Wood
Roof Type Shingle Composition
Building
Story 2
Foundation Poured
Water City Water
Schools
Elementary Schools Oscar Howe Es
Middle Schools Memorial Ms
High Schools Roosevelt Hs
School District Sioux Falls
Others
Security Features Smoke Detector
Virtual Tour https://vimeo.com/944461428?share=copy
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Listed by Keller Williams Realty Sioux Falls • Tara L Allen