Attention Please: If you are looking to build wealth through real estate, this property deserves your SERIOUS consideration! You just found the ultimate House Hack! Bringing the rent rates up to match the market area, has created an 8.6% Cap Rate, making this a fabulous addition to your rental portfolio! If you've never owned an investment property before, here's your opportunity to give the landlord life a whirl and see what passive income is all about. This is literally the PERFECT PROPERTY to create generational wealth. Not only is there a well established rental history here with rare vacancy since 2018, but each unit has 3 bedrooms (all on the same level), large living room, dining room, remodeled kitchen, hardwoods on the main, full bath, rear entry, enclosed front porch with french doors, full basement and their own washer and dryer. Both Central Air units were new in 2020, Furnaces are 2014 & 1992, Roof 2016, Kitchen Remodels 2019, Windows 2019, Sewer Stack 2024, Interior & Exterior paint 2019.
Condo/Apartment for sale, 915 W 15th St, Minnehaha County, SD, in Sioux Falls, United States
915 W 15th St, 915 W 15th St, Minnehaha County, SD
Duplex • 260.87 m² • ref: 4NMDCQ
$265,000
Surfaces
Living area260.87 m²
Land323.75 m²
Internal260.87 m²
Air conditioning
Washing machine
915 W 15th St, Minnehaha County, SD, Sioux Falls
TypeCondo/Apartment
Construction year1923
Jackie Fischer
Phone number
+1 (6...
Better Homes and Gardens Real Estate Beyond
605-275-4663
5915 South Remington Place Suite 100
57108 Sioux Falls
Number22407308