736 S 1st Ave, Sioux Falls, SD 57104

If you are looking for an affordable way to get into real estate investing, here it is. This four-plex contains 1 bedroom and studio units. Two are on the main level and two are on the upper level and share a bathroom. Unit number 4 has its own private entrance on the south of the building. All units have been renovated and are vacant awaiting tenants of your choosing. These units have a great rental history with rents ranging from $300 to $450 per month depending on the unit. The current owner kept the units full by just using a sign in the yard. The current owner has recently painted all of the units and installed new carpet and/or vinyl in each one. The main section of the roof was replaced 2 years ago and new gutters were installed on the south side. The water heater and furnace are new this year, and there have also been plumbing upgrades including a new shower that is shared by the two upstairs units. The deck on the south side of the building is also new.