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 | |
Updated | August 5th, 2018 |
Type | Multi-family |
Price | $625,000 |
Land | 1.18 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