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$345,000
Est. payment /mo
2,818 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,818 sqft
Price per Sqft $122
Subdivision Folsom Addn
MLS Listing ID 22607457
Year Built 1920
Annual Tax Amount $3,669
Lot Size 5,000 Sqft
Property Sub-Type Other
Property Description
Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer, and gas for additional income. New flooring, paint, and light fixtures have been
installed as tenants have moved out to update the property and increase rents over the last two years. Renter's insurance in place for all tenants setting this property up for great future growth!
installed as tenants have moved out to update the property and increase rents over the last two years. Renter's insurance in place for all tenants setting this property up for great future growth!
Location
State SD
County Minnehaha
Area Sfc004
Rooms
Basement Full
Interior
Heating Two or More Units, Natural Gas
Flooring Carpet, Tile, Laminate
Exterior
Exterior Feature Stone/Stone Veneer
Roof Type Shingle Composition
Building
Foundation Block
Sewer City Sewer
Water City Water
Schools
Elementary Schools Lowell Es
Middle Schools George Mcgovern Ms - Sioux Falls
High Schools Thomas Jefferson High School
School District Sioux Falls
Others
Miscellaneous Pet Restrictions,Community Water Heater
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LIsted by Alpine Residential • Jackson Dorhout
Nearby School & Business
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