Property Listing No Longer Available for Sale

110 N Franklin, Elk Point, SD

Multi-family for Sale - $625,000 - 1.18 acres


Property Info

CIMLS#1022419
Location
  110 N Franklin
  Elk Point SD 57025
UpdatedAugust 5th, 2018
TypeMulti-family
Price$625,000
Land1.18 acres

Property Description

Great profitable investment opportunity consisting of 3 multi-unit apartment complexes, each 2 stories with 8 apartments per building for a total of 24 apartments. Elk Point I is located at 110 N. Franklin Street, Elk Point, SD built in 1973 on .34 acres with one 1-bedroom and seven two -bedroom apartments and is conveniently located close to Main Street, the Post Office and local grocery store. Elk Point II is located at 504 S Court Street, Elk Point, SD built in 1974 on .53 acres with one 1-bedroom and seven two-bedroom apartments and is located across from the Elk Point Community Schools. The Jefferson Complex is located at 406 Main Street, Jefferson, SD built in 1972 on .31 acres with one 1-bedroom and seven two -bedroom apartments located near the Post Office, bank and other Main Street amenities. All three units have coin operated laundry providing income. Properties are Housing Choice Voucher Certified. Financials are available upon request with signed Confidentiality Agreement. Very convenient to commute to Sioux City or Vermillion. All three parcels to be sold together: 03.01.05.1015, 03.06.01.1020 and 04.02.01.1090


Financials