Listed by: AaronRietsema from Alpine Commerical 605-521-1608
Don’t miss this investment opportunity! This two story six plex is conveniently located near colleges, hospitals, and shopping. Each unit is a one bedroom and one bathroom and has access to coin-operated laundry on site. A 4 stall detached garage with new roof in May 2022 is located next to the building which is currently included in rent. Additional income could be generated by renting them out separately. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program just started that bills trash, water and sewer, and gas back to the tenants. This has the potential to create an additional annual cashflow of approximately $4,856 annually. New flooring, paint, and light fixtures 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!
For additional information contact this agent at: aaron@thinkalpine.com . Phone: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Alpine Real Estate are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. © 2024 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved. Data last updated Monday, October 7th, 2024.
Data services provided by IDX Broker
Price: | $$499,900 |
Address: | 1820 S Duluth Ave |
City: | Sioux Falls |
County: | Minnehaha |
State: | South Dakota |
Zip Code: | 57105 |
Subdivision: | University Addn |
MLS: | 22401691 |
Year Built: | 1948 |
Square Feet: | 4,644 |
Acres: | 0.199 |
Lot Square Feet: | 0.199 acres |