412 S Thompson Ave
Property Description
Rare opportunity to acquire a fully occupied, professionally managed 6-unit investment property in a desirable Sioux Falls location. The property consists of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a well-balanced unit mix with strong rental demand. Common area coin opereated laundry. Updates include boiler, HVAC and concrete. This well-maintained asset provides a turnkey investment opportunity with a proven occupancy history. Conveniently located near downtown Sioux Falls with easy access to shopping, dining, schools, medical facilities, and I-229, this property is an excellent addition to any investment portfolio.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $550,000 |
| No. of Units: | 6 |
| Year Built: | 1977 |
| Lot Size: | 5,376.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $91,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 6 |
ID: 3yd-RASESD-22606055
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