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$499,000
Est. payment /mo
2,490 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $200
Subdivision Worthing Original
MLS Listing ID 22606299
Year Built 2022
Lot Size 0.493 Acres
Property Sub-Type Duplex
Property Description
Turnkey Duplex Investment Opportunity with Future Building Potential
Add a strong, income-producing duplex to your investment portfolio! This turnkey property offers an excellent combination of established rental income, low-maintenance one-level living, quality construction, and future development potential on a just-under-half-acre lot.
Both units are currently leased with established tenants who would like to remain, providing an immediate opportunity for a new owner to continue the existing rental income.
Each side features 3 bedrooms, including a private primary suite, 2 bathrooms, an attached one-stall garage, and 1,245 finished square feet. The identical units offer private entrances, covered front stoops, zero-entry access, open-concept living areas, and convenient in-unit laundry.
The kitchens are designed for functionality and durability, featuring stainless steel appliances, Bullseye cabinetry, and abundant storage. Both units have been professionally managed and maintained, making this an attractive option for an investor looking for a property that is already producing income.
Investment highlights include:
Two fully leased units with established tenants
Established rental income
Tenants pay utilities
3 bedrooms and 2 bathrooms per unit
1,245 finished square feet per unit
Attached one-stall garage for each unit
Zero-entry, single-level floor plans
Private entrances and covered stoops
In-unit laundry
Professionally managed
Quality construction by Doug Meyer Construction
Taylor doors
LP SmartSide siding
Andersen windows
Landmark shingles
Just under half-acre lot
Potential to add another building/unit, subject to applicable zoning, building codes, setbacks, utilities, and required approvals
The property offers multiple strategies for an investor: continue leasing both sides, renew with the existing tenants, occupy one unit while renting the other, or explore the property's potential for additional construction.
With established rental income, quality construction, and the possibility for future expansion, this is a rare opportunity to acquire a turnkey duplex with immediate income potential and room to add value over time.
Photos shown are of Unit A (East unit).
Building eligibility and development potential should be verified by the buyer with the appropriate city/county authorities.
Add a strong, income-producing duplex to your investment portfolio! This turnkey property offers an excellent combination of established rental income, low-maintenance one-level living, quality construction, and future development potential on a just-under-half-acre lot.
Both units are currently leased with established tenants who would like to remain, providing an immediate opportunity for a new owner to continue the existing rental income.
Each side features 3 bedrooms, including a private primary suite, 2 bathrooms, an attached one-stall garage, and 1,245 finished square feet. The identical units offer private entrances, covered front stoops, zero-entry access, open-concept living areas, and convenient in-unit laundry.
The kitchens are designed for functionality and durability, featuring stainless steel appliances, Bullseye cabinetry, and abundant storage. Both units have been professionally managed and maintained, making this an attractive option for an investor looking for a property that is already producing income.
Investment highlights include:
Two fully leased units with established tenants
Established rental income
Tenants pay utilities
3 bedrooms and 2 bathrooms per unit
1,245 finished square feet per unit
Attached one-stall garage for each unit
Zero-entry, single-level floor plans
Private entrances and covered stoops
In-unit laundry
Professionally managed
Quality construction by Doug Meyer Construction
Taylor doors
LP SmartSide siding
Andersen windows
Landmark shingles
Just under half-acre lot
Potential to add another building/unit, subject to applicable zoning, building codes, setbacks, utilities, and required approvals
The property offers multiple strategies for an investor: continue leasing both sides, renew with the existing tenants, occupy one unit while renting the other, or explore the property's potential for additional construction.
With established rental income, quality construction, and the possibility for future expansion, this is a rare opportunity to acquire a turnkey duplex with immediate income potential and room to add value over time.
Photos shown are of Unit A (East unit).
Building eligibility and development potential should be verified by the buyer with the appropriate city/county authorities.
Location
State SD
County Lincoln
Area Sf90
Schools
Elementary Schools Worthing Es
Middle Schools Lennox Ms
High Schools Lennox Hs
School District Lennox
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