1007 E 16th St, Sioux Falls, SD 57104

Four plex located near bus stop, bike and walking paths and Avera Hospital provides considerable opportunities. Last value-add project produced double digit ROI. Presently in the Opportunity Zone which allows a chance at tax advantages. Prefer to sell with the five plex nextdoor (1001 E. 16th St.). First right of refusal on corner duplex could complete ownership of the entire 16th street frontage of the block. Rents are low so equity will grow. NOI is $22635. All units are one bedroom with one bathroom. The upper units feature a large walk-in pantry just off the kitchen. The garden level units do not have a pantry. All units feature 18 ft living rooms, kitchen with gracious dining area, and walk-in closets. Coin operated laundry in building. Owner is a licensed real estate broker. Contact Dave at (605)334-8155.