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404 S Thompson Ave

Sioux Falls, SD 57103
  • $1,250,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 22203238
$1,250,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,022
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

School Information

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

Description

***$78,125 per Unit***7.6% CAP Rate *** This multi-family building has 2 entrances with 15 efficiencies (Murphy Bed & 1 bath in each efficiency unit) and 1 one-bedroom, one-bathroom unit. This property was built in 1985. Tenants pay for electric, phone, cable and internet. Landlord pays for natural gas (heat), water, sewer, garbage removal, repairs and grounds upkeep. Wall air-conditioning, baseboard boiler heat. Common area coin laundry room located on the main level of the 404 side. Concrete parking lot / off-street parking. Controlled access building. Carpets, flooring and appliances have been replaced as needed. Each unit has it's own circuit breaker panel.

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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: 2022-07-01T00:18:33.34.
www.shopsiouxfallshomes.com/homes/129630389
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404 S Thompson Ave Sioux Falls, SD 57103

  • Price: $1,250,000
  • Status: Active
  • On Site: 22 Days
  • MLS #: 22203238
0
Beds
0
Baths
0
½ Baths
0.38
Acres
8,022
SQFT
$156
$/SQFT
1985
Built
Neighborhood:
Lyon Homesite Addn
County:
Minnehaha
Area:
Sf-E005
Elementary School:
Cleveland Es
Middle School:
Whittier Ms
High School:
Washington Hs
School District:
Sioux Falls
Property Description
***$78,125 per Unit***7.6% CAP Rate *** This multi-family building has 2 entrances with 15 efficiencies (Murphy Bed & 1 bath in each efficiency unit) and 1 one-bedroom, one-bathroom unit. This property was built in 1985. Tenants pay for electric, phone, cable and internet. Landlord pays for natural gas (heat), water, sewer, garbage removal, repairs and grounds upkeep. Wall air-conditioning, baseboard boiler heat. Common area coin laundry room located on the main level of the 404 side. Concrete parking lot / off-street parking. Controlled access building. Carpets, flooring and appliances have been replaced as needed. Each unit has it's own circuit breaker panel.
Exterior Features

Entrance Community Exterior Stucco/Drivit Parking Off Side Street Roof Shingle Composition

Interior Features

Appliances RefrigeratorOven/RangeAll Units Basement None Bath Varies By Unit No Baths Per Unit 1 Bedroom Varies By Unit Yes Cooling Other Floors CarpetVinyl Heating Hot WaterBaseboardNatural Gas Safety Features Controlled AccessSmoke Detector Sq Ft Building 8022 Unit Features CarpetsWindow CoveringPatioBalcony DeckCommon Utility RmSome Units

Property Features

Additional Property Info None Bank Owned REO No Inside City Limits YN Yes Miscellaneous Info Separate MetersCommunity Water HeaterDead Bolt Multifamily Type Other Possession At Closing Rent Includes GasWaterTrash CollectionLawn ServiceSnow RemovalSewerAll Units Sewer City Sewer Short Sale No Sq Ft Source Tax Data Tenancy Type Negotiable Total Units 16 Warranty Program None Water City Water Zoning Ra 2

Realtor Association of the Sioux Empire logo Listing provided courtesy of Reed Johnson of 605 Real Estate Llc. © 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: 2022-07-01T00:18:33.34.
 
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Keller Williams Realty Sioux Falls
6300 S Connie Ave
Sioux Falls SD, 57108