101 E 5th St Freeman, SD 57029

Description of 101 E 5th St Freeman, SD 57029

THIS 8 UNIT TWO STORY APARTMENT HOUSE IS A MONEY-MAKER WITH A GREAT CAP RATE!! ALL UNITS HAVE BEEN UPDATED/REMODELED WITH A SECURITY SYSTEM TO MONITOR THE UNITS. ROOF COMPLETELY REPLACED IN 2014. & NEW SIDEWALKS IN 2019. THE HUSBAND/WIFE OWNERS/MANAGERS HAVE GOOD TENANTS & A WAITING LIST. THREE UNITS ARE HANDICAPPED ASSISTED. THESE UNITS & COMMON AREAS ARE CLEAN & WELL-MAINTAINED. 7 GARAGES & ONE CARPORT WITH EXTRA STORAGE SPACE. THIS PROPERTY IS LOCATED ON FREEMAN MAIN STREET WITH RETAIL & SERVICES WITHIN EASY WALKING DISTANCE. GREAT POTENTIAL TO INCREASE THE RENTAL INCOME BY REMODELING AN UNFINISHED 36.5' X 35' ENCLOSED SPACE ON THE 2ND FLOOR MAKING IT A 2-3 BEDROOM UNIT OR 2 SMALLER 1 BEDROOM UNITS. MORE AMENITIES CAN BE ADDED TO ATTRACT TENANTS. TENANTS PAY FOR OWN ELECTRIC & HEAT!! THE OWNERS ARE WILLING TO SHARE THEIR BUSINESS RECORDS TO POTENTIAL BUYERS. CONTACT THIS BROKER FOR ADDITIONAL INFORMATION & A VIEWING. PH. 605-925-7681/CELL 605-261-4840 OR GLENNROTHLAW@GWTC.NET.

Don Dunham III LLC Real Estate


Office:
(605) 274-1144

  • Multi-Family
    • MLS Number:
    • 21907182
    • Status:
    • ACTIVE
    • Price:
    • $350,000
    • Bedrooms:
    • 0 bed
    • Bathrooms:
    • Size:
    • 5016 sqft, 0.3289 acre
    • Built:
    • 1952
    • Listed Days:
    • 116 day(s) ago
    • Taxes:
    • Garage Size:

Map of 101 E 5th St Freeman, SD 57029

Features of 101 E 5th St Freeman, SD 57029

APPLIANCES
  • Range Desc : Range/Oven
  • Refrig Desc : Refrigerator
CONSTRUCTION
  • Building Sq Ft : 5016
  • Multilevel : Yes
  • Total Units : 8
EXTERIOR
  • Construction Desc : Block exterior
GARAGE
  • Garage Desc : Detached garage
HEATING/COOLING
  • Air Cond : Yes
  • Heating Cooling Desc : Central air
INTERIOR
  • Floors : Carpet
LOT
  • Lot Dimensions : 150'X75' & 41'X75'
  • Lot Size Acres : 0.3289
  • Lot Sq Ft : 3049200
  • Neighborhood : Other - Outside Jurisdiction
OTHER
  • County Code : Other (Out of Jurisdiction)
  • Ob Property Type : Multi-Family
  • Property Sub Type Desc : Other
  • Property Type Desc : Multi-Family
  • Transaction Type : Sale
SCHOOLS
  • Elementary School : Freeman Es
  • High School : Freeman Hs
  • Middle School : Freeman Jhs
  • School District : Freeman
UTILITIES
  • Water Sewer Desc : City sewer