The Crossings at Midtown

724 W 17th St Sioux Falls , SD 57104

For Sale

Property Description

* Fully leased multifamily investment opportunity!
* 7.69 Cap
* 9 Plex building with eight 2 bed / 1 bath units and one 1 bed / 1 bath unit
* Many updated units including new carpet and wood imitating vinyl flooring, ceiling fans, upgraded countertops, beautiful backsplashes and fresh, neutral paint
* 12 off street parking spaces
* Tenants pay electric and cable
* Landlord is responsible for gas, water/sewer, trash, lawncare and snow removal
* Landlord has started charging a $30 / month utility fee and plans to implement that fee upon each lease turnover
* Financials available with confidentiality agreement

Information

  • Address:724 W 17th St, Sioux Falls, SD 57104
  • Min Size:7330 Sq.Ft
  • Max Size:7330 Sq.Ft
  • Sale Price: $ 550,000.00
  • Taxes:$ 7,250.00
  • Zoning:RA-1
  • Current Use:Multi-family
  • Floor :
  • Parking :On-site, Street
  • Bathroom :In-suite
  • Amenities : Investment Opportunity
  • Marketing Flyer