Excellent investment opportunity with this traditional split style 4-plex. Each of the four units features 2 bedrooms and 1 bath, offering spacious and functional living spaces. The property is equipped with modern conveniences such as boiler heat, individual wall unit air conditioning, and a newer water heater. Ample off-street parking and 4 detached garage spaces which can provide additional rental income potential or convenient landlord storage. With an excellent floor plan located on a quiet street, this 4-plex is not only easily rentable and easy to manage. This is an ideal acquisition for investors seeking to expand their portfolio or for first-time investors looking to house-hack their way in.
Sold for $385,000 on 10/11/24
$385,000
119 S Lincoln Ave, Sioux Falls, SD 57104
--beds
--baths
3,600sqft
Multi Family
Built in 1976
-- sqft lot
$396,200 Zestimate®
$107/sqft
$1,259 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 11, 2024 at 11:42am
Listed by:
Blake C Bohner,
605 Real Estate LLC
Bought with:
Chantel L Olson
Source: Realtor Association of the Sioux Empire,MLS#: 22405127
Facts & features
Interior
Heating
- Baseboard, Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Carpet, Laminate, Tile
- Basement: Full
Interior area
- Total interior livable area: 3,600 sqft
Property
Parking
- Parking features: Detached
Features
- Stories: 2
- Entry location: Community
Lot
- Size: 0.27 Acres
- Dimensions: 88x132
Details
- Parcel number: 27074
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, Wood Siding
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Community Water, Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Sioux Falls
- Subdivision: Braley's 1st Addn
Other
Other facts
- Listing terms: FHA