Investment property waiting for a new owner. It has 4 apartments with a monthly income of $1900.00. Apartment 1 is a spacious 2 Bedroom apartment that is the entire main floor of a home that was (many years ago) converted to become an apartment. The upstairs small efficiency/one bedroom units are already leased for the 2021 - 2022 year. There is ample off street parking in front of and behind the property. Owner pays for all basic utilities in Apt 1 (water, sewer, garbage, electricity and heat). Apt 2, 3, 4 the tenants pay their own electricity. Rents will increase on June 1st for apartments 2 & 3. Please give a 48 HOUR NOTICE to view this property.
Off market
$274,000
1016 3rd St, Brookings, SD 57006
5beds
2,563sqft
MultiFamily
Built in 1928
-- sqft lot
$274,000 Zestimate®
$107/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Heating
- Baseboard, Electric
Interior area
- Total interior livable area: 2,563 sqft
Property
Lot
- Size: 0.27 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1928
Community & neighborhood
Location
- Region: Brookings
Other
Other facts
- General Information: Laundry Type: Communial, Coin Op.
- Style: 2 Story
- Area: Residential
- Contingent: Yes
Services availability

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