2504 S Summit Ave
Property Description
Investor opportunity in central Sioux Falls! This triplex offers three separate, furnished units with flexible rental potential and a convenient location near 33rd Street, Minnesota Avenue, schools, shopping, dining, and everyday amenities. Currently used for short-term rental stays, the property includes a spacious 2 bedroom, 1 bath main floor unit, plus a 1 bedroom, 1 bath upper unit and a 1 bedroom, 1 bath lower-level unit. Each unit offers its own living space, kitchen area, bedroom/bath setup, and comfortable layout, creating options for an owner-occupant, house hacker, short-term rental investor, or long-term rental portfolio addition. The main floor unit features generous living and dining spaces, an inviting kitchen, two bedrooms, and a full bath. The lower level includes a living room, kitchen, bedroom, and bath. The upper unit offers a private entrance via exterior balcony access, with its own kitchen, living/dining space, bedroom, bath, and additional den/living area. Shared laundry access available to all units in the basement. On-site paved parking adds everyday convenience. Seller intends to sell the property furnished, with some exclusions. A flexible, income-producing property in a desirable Sioux Falls location with multiple paths for future use. Associated documents contains breakdown of income and expenses.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $450,000 |
| No. of Units: | 3 |
| Year Built: | 1948 |
| Lot Size: | 2,420.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $150,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-RASESD-22603776
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