Here is a Great Investment Opportunity for 100% OCCUPIED eight-plex, all two-bedroom and one bath units. Positive cash flow, Leases are current until mid 2022. Coin-operated on-site laundry, off street parking in back. Tenants pay their own electric with individual meters. In-wall A/C units, electric base-board heat, each unit has their own water heater. Great location to Presentation College, Northern State University, YMCA, Grocery store and Avera St Luke's Hospital. Gross Income from rents and laundry $5350/mo. Current rents are 10 -15% below market. One unit is furnished and all furniture included with building. Seller pays 3% to buyers agent.
Off market
Zestimate®
$660,600
212 N State St APT 8, Aberdeen, SD 57401
16beds
7,608sqft
MultiFamily
Built in 1981
-- sqft lot
$660,600 Zestimate®
$87/sqft
$913 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Interior area
- Total interior livable area: 7,608 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off-street, On-street
Lot
- Size: 10,650 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1981
Community & neighborhood
Location
- Region: Aberdeen