400 1st St, Florence, SD 57235

Multifamily apartment located at 400 1st St Florence, SD 57235. For the Investor! This investment opportunity boasts a solid history of 100% occupancy with recent upgrades such as a new roof, fresh exterior paint, new decks, and updated flooring in most units. With desirable demographics and an impressive 11% Cap Rate, this property offers a strong addition to any portfolio at an attractive sale price of $235,000 The current rents and leasing terms promise stable income flow, presenting a favorable investment scenario. Interested investors can request a virtual tour and serious inquiries can schedule walk-throughs to witness the potential of this fully occupied and well-maintained property firsthand. Don't miss out on this prime opportunity to secure a steady income-generating asset in a great community!