This property may make a great opportunity to invest in a nine (9) unit multifamily property in a great area of town! Area neighbors include Sherman Park, Great Plains Zoo & Delbridge Museum of Natural History, Walgreens, Lewis Drug, Ace Hardware, Hy-Vee, Subway, B & G Milyway, Pizza Hut, Burger King, Pizza Hut and so many more! The 421 Building is comprised of four (4) one bedroom, one bath units. The 423 Building was moved on site and completely remodeled in 2001. The building is comprised of two (2) one bedroom, one bath units and three (3) two bedroom, one bath units. There are also six (6) garages for additional income and ample off street parking. Coin operated washers and dryers are in each building. Both buildings and all of the garages had NEW shingles installed in 2015.

NOTE: There is a Mutual Access Easement with the building to the west.

Location Description:

Sioux Falls, SD is located in Lincoln and Minnehaha counties and has a population of 164,676 (2013).

Highlights:

>> 421 Bldg. - Building is comprised of four (4) one-bedroom, one-bath units. Tenants pay for electric, phone, cable and internet. Through the wall air conditioning and electric baseboard heat.

>> 423 Bldg. - Building is comprised of two (2) one-bedroom, one-bath units and three (3) two-bedroom, one-bath units. Tenants pay electric, natural gas (lower two units), phone, cable and internet.

>> Landlord pays for water, sewer, trash, repairs and grounds.

>> Six (6) garages and off street parking.