111 Main St E, Wessington Springs, SD 57382

Price reduced - For sale: 4 unit building that include 2 Bedrooms and 1 bath each. This is a great investment property with a 7.82% cap rate. The units measure approx. 1000 sf a piece and are individually metered for electric and gas. Each unit comes equipped with its own central air /propane furnace, hot water heater and major appliances. The building's common hallway furnishes shared laundry for its resident's use. The property provides private off street parking just outside the back door. The basement of the building furnishes each unit's mechanicals and includes ample shelving for the resident's storage needs. Most recent work includes: a new roof, wall repair, spray foam insulation, windows, 2 partial remodels, flooring, sidewalk, curb and gutter, laundry appliances, and water heaters. One of the units is fully furnished and is currently being rented nightly, weekly, or monthly to traveling, working and recreating guests . The other three units are rented as long term with the possibility of one of them being converted to an additional short term rental.