1508 E Rice St

    Sioux Falls, SD 57104
    • $974,900
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 21801510
    $974,900
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,000
      SQFT
    • $70
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    18 units with FULL occupancy. 9.2% CAP Rate!! On-site manager (17 years). Six nice sized 2 BR units, Eleven 1 BR units, and One efficiency unit. Eleven garages. Recent improvements include New exterior doors in 2014, New Rubber Membrane Roof in 2015, many New windows, all New siding, 3 New water heaters, New cement on east side, New hallway paint and carpet, and 3 remodeled units in 2017! ALWAYS FULL and the owner gets 5-8 calls average a week off a little sign out front. $4,000 garage door replacement allowance included (or work will be completed). Many residents have lived here for over 10 years! This investment opportunity nearly runs itself.

    Monthly Payment Calculator

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Tyler Goff Group - Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-04-27T00:18:55.603.
    www.siouxfallsrealestatesearch.com/homes/81968280

    1508 E Rice St Sioux Falls, SD 57104

    • Price: $974,900
    • Status: Active
    • MLS #: 21801510
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    14,000
    SQFT
    $70
    $/SQFT
    1975
    Built
    Neighborhood:
    Forest Hill Addn
    County:
    Minnehaha
    Area:
    Sf-N006
    Elementary School:
    Laura B. Anderson Es
    Middle School:
    Whittier Ms
    High School:
    Washington Hs
    School District:
    Sioux Falls
    Property Description
    18 units with FULL occupancy. 9.2% CAP Rate!! On-site manager (17 years). Six nice sized 2 BR units, Eleven 1 BR units, and One efficiency unit. Eleven garages. Recent improvements include New exterior doors in 2014, New Rubber Membrane Roof in 2015, many New windows, all New siding, 3 New water heaters, New cement on east side, New hallway paint and carpet, and 3 remodeled units in 2017! ALWAYS FULL and the owner gets 5-8 calls average a week off a little sign out front. $4,000 garage door replacement allowance included (or work will be completed). Many residents have lived here for over 10 years! This investment opportunity nearly runs itself.
    Exterior Features

    Entrance Private Exterior Part BrickWoodHard Board Foundation Poured Parking Garage Detached Roof Shingle CompositionOther

    Interior Features

    Appliances RefrigeratorOven/RangeAll Units Basement None Bath Varies By Unit No Baths Per Unit 1 Bedroom Varies By Unit Yes Cooling Window Unit Floors CarpetVinylConcrete Heating Hot WaterNatural Gas Safety Features Smoke Detector Sq Ft Building 14190 Unit Features CarpetsLiving/Dining RmKitchen/Dining RmCommon Utility RmAll Units

    Property Features

    Additional Property Info None Bank Owned REO No Miscellaneous Info Separate MetersCommunity Water Heater Multifamily Type Other Possession Negotiable Rent Includes GasWaterTrash CollectionLawn ServiceSnow RemovalSewerAll Units Sewer City Sewer Short Sale No Sq Ft Source Tax Data Tenancy Type Month To Month Total Units 18 Warranty Program None Water City Water Zoning Ra 1Not Verified

    Listing provided courtesy of Reed Johnson of Lloyd Residential Group Llc. © 2018 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Tyler Goff Group - Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-04-27T00:18:55.603.
     
    Tyler Goff Group - Hegg Realtors
    2804 E 26th Street
    Sioux Falls SD, 57103