Beautiful Historic Building In the Magnificent Downtown Living Area of Sioux Falls! With an open mind the right investor will see all of the possibilities this 6 plex has for unlimited potential of cashflow!! Total Annual Income of $38,040, Great Renal Hisoty, Many Potential Options to increase the Income to more than 13% Cap Rate! 3 Stall Garage Included that is not renting at this time, potential for a full basement laundromat and clean and empty attic with possiblilities of an art studio or similar. This building has so much to offer! Historic District of Sioux Falls, Up and Coming Location! You Won't want to miss this chance!
Off market
$443,800
304 N Summit Ave, Sioux Falls, SD 57104
--beds
1baths
3,729sqft
Six Plex
Built in 1878
-- sqft lot
$443,800 Zestimate®
$119/sqft
$936 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Gas
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood, Linoleum / Vinyl
Interior area
- Total interior livable area: 3,729 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Stucco, Wood
Lot
- Size: 0.31 Acres
Details
- Parcel number: 25906
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Six Plex
Materials
- Roof: Composition
Condition
- Year built: 1878
Utilities & green energy
- Sewer: City Sewer
Community & neighborhood
Location
- Region: Sioux Falls
Other
Other facts
- Sale/Rent: For Sale
- Appliances: All Units
- Entrance: Private, More than one per Unit
- Foundation: Block, Other, Poured
- Misc Info: Separate Meters
- Sewer: City Sewer
- Type Tenancy: Month to month, One Year Lease
- Water: City Water
- Zoned: Not Verified
- Unit Features: Carpets, Living/Dining Rm, Some Units, Extra Storage, Kitchen/Dining Rm
- Utility Included in Rent: Water, Trash Collection, Sewer, Lawn Service, Snow Removal
- Heating: Hot Water
- Safety Features: Smoke Detector
- Property Subtype: Six Plex
- Class: MULTI-FAMILY
- Status: Active - Contingent Misc
- Tax Database ID: 2
- Legal Description: (EX E 44' 10, 11 & 12 & EX N 5' W 106' 12) 10, 11
- Parcel ID #: 25906
- Tax Property ID: 25906