Description
Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer, and gas for additional income. New flooring, paint, and light fixtures have been installed as tenants have moved out to update the property and increase rents over the last two years. Renters insurance in place for all tenants setting this property up for great future growth!
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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2,818SQFT
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$131$/SQFT
School Information
Description
Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer, and gas for additional income. New flooring, paint, and light fixtures have been installed as tenants have moved out to update the property and increase rents over the last two years. Renters insurance in place for all tenants setting this property up for great future growth!
Listing provided courtesy of Jackson Dorhout of Alpine Commerical: 605-212-5101. © 2025 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.