101 E 5th St, Freeman, SD 57029

THIS 8 UNIT TWO STORY APARTMENT HOUSE IS A MONEY-MAKER WITH A GREAT CAP RATE!! ALL UNITS HAVE BEEN UPDATED/REMODELED WITH A SECURITY SYSTEM TO MONITOR THE UNITS. ROOF COMPLETELY REPLACED IN 2014. & NEW SIDEWALKS IN 2019. THE HUSBAND/WIFE OWNERS/MANAGERS HAVE GOOD TENANTS. THREE UNITS ARE HANDICAPPED ASSISTED. THESE UNITS & COMMON AREAS ARE CLEAN & WELL-MAINTAINED. 7 GARAGES & ONE CARPORT WITH EXTRA STORAGE SPACE. THIS PROPERTY IS LOCATED ON FREEMAN MAIN STREET WITH RETAIL & SERVICES WITHIN EASY WALKING DISTANCE. GREAT POTENTIAL TO INCREASE THE RENTAL INCOME BY REMODELING AN UNFINISHED 36.5' X 35' ENCLOSED SPACE ON THE 2ND FLOOR MAKING IT A 2-3 BEDROOM UNIT OR 2 SMALLER 1 BEDROOM UNITS. MORE AMENITIES CAN BE ADDED TO ATTRACT TENANTS. TENANTS PAY FOR OWN ELECTRIC & HEAT!! THE OWNERS ARE WILLING TO SHARE THEIR BUSINESS RECORDS TO POTENTIAL BUYERS.