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!
For sale by owner
Price cut: $20K (3/12)
$215,000
400 1st St, Florence, SD 57235
6beds
3,735sqft
Est.:
MultiFamily
Built in 1920
-- sqft lot
$274,300 Zestimate®
$58/sqft
$-- HOA
What's special
Fresh exterior paintNew roofUpdated flooringNew decks
- 150 days
- on Zillow |
- 337 |
- 8 |
Listed by:
(605) 881-1142
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,735 sqft
Property
Lot
- Size: 0.28 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1920
Community & HOA
Location
- Region: Florence
Financial & listing details
- Price per square foot: $58/sqft
- Date on market: 11/26/2024
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