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1040 N Main Ave

Tea, SD 57064
  • $750,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 22204153
UPDATED: 35 min ago
$750,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,212
    SQFT
  • $144
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2008
County:
Area:

School Information

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

Description

Don't miss out on this rare investment opportunity, ideally located on Main Ave in growing Tea, SD, just blocks from the city park, pool, bike trails and schools. Fully occupied with one month-to-month unit and behind market rents, this properly maintained fourplex is primed for an owner occupant or hands-off investor looking to add value and build equity while benefiting from the strong, local economy. The spacious units offer great floor plans, vaulted ceilings in the upper units, a deck/patio for each unit, quality finishes and attached garages. With 2 beds/1 bath in the lower units and 2 beds/2 baths (on-suite) in the upper, this property has had no issues staying full since it was built in 2008. You don't want to miss out on this wealth builder! *New roof 2016!

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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 Keller Williams Realty Sioux Falls 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: 2022-08-14T13:18:23.177.
www.shopsiouxfallshomes.com/homes/130799473
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1040 N Main Ave Tea, SD 57064

  • Price: $750,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 35 min ago
  • MLS #: 22204153
0
Beds
0
Baths
0
½ Baths
0.29
Acres
5,212
SQFT
$144
$/SQFT
2008
Built
Neighborhood:
Spencer Heights
County:
Lincoln
Area:
Sf-80
Elementary School:
Legacy Elementary School - Tea
Middle School:
Tea Ms
High School:
Tea Hs
School District:
Tea Area
Property Description
Don't miss out on this rare investment opportunity, ideally located on Main Ave in growing Tea, SD, just blocks from the city park, pool, bike trails and schools. Fully occupied with one month-to-month unit and behind market rents, this properly maintained fourplex is primed for an owner occupant or hands-off investor looking to add value and build equity while benefiting from the strong, local economy. The spacious units offer great floor plans, vaulted ceilings in the upper units, a deck/patio for each unit, quality finishes and attached garages. With 2 beds/1 bath in the lower units and 2 beds/2 baths (on-suite) in the upper, this property has had no issues staying full since it was built in 2008. You don't want to miss out on this wealth builder! *New roof 2016!
Exterior Features

Foundation Slab-On-Grade Parking Garage Attached Roof Shingle Composition

Interior Features

Basement None Bath Varies By Unit Yes Baths Per Unit 2 Bedroom Varies By Unit No Sq Ft Building 5212 Unit Features Wash/Dry Hookups Unit1 Baths 1 Unit1 Beds 2 Unit1 Sq Ft 1320 Unit2 Baths 2 Unit2 Beds 2 Unit2 Sq Ft 1285 Unit3 Baths 2 Unit3 Beds 2 Unit3 Sq Ft 1285 Unit4 Baths 1 Unit4 Beds 2 Unit4 Sq Ft 1320

Property Features

Additional Property Info None Bank Owned REO No Inside City Limits YN Yes Multifamily Type Four Plex Possession Subject To Tenant Short Sale No Sq Ft Source Tax Data Tenancy Type Month To MonthOne Year Lease Total Units 4

Realtor Association of the Sioux Empire logo Listing provided courtesy of Isaac Jorgensen of Bender Realtors. © 2022 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 Keller Williams Realty Sioux Falls 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: 2022-08-14T13:18:23.177.
 
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Keller Williams Realty Sioux Falls
6300 S Connie Ave
Sioux Falls SD, 57108