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304 N Summit Ave
Sioux Falls, SD 57104
MLS #21800977

Multi-Family
  • 1baths
  • 0.309acres
  • 3,729sq ft
$289,000
Est. P&I payment: $1103.78/mo
304 N Summit Ave, Sioux Falls, SD 57104
  • 304 N Summit Ave, Sioux Falls, SD 57104 Photo 1
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Description for 304 N Summit Ave, Sioux Falls, SD 57104
Beautiful Historic Building In the Magnificent Downtown Living Area of Sioux Falls! With an open mind the right investor will see all of the possibilities this 6 plex has for unlimited potential of cashflow!! Total Annual Income of $38,040, Great Renal Hisoty, Many Potential Options to increase the Income to more than 13% Cap Rate! 3 Stall Garage Included that is not renting at this time, potential for a full basement laundromat and clean and empty attic with possiblilities of an art studio or similar. This building has so much to offer! Historic District of Sioux Falls, Up and Coming Location! You Won't want to miss this chance!
MLS #21800977
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My Notes for MLS #21800977

General Features

  • Acres: 0.309
  • Approx Finished SqFt: 3,729
  • Baths Per Unit: 1
  • Baths Varies By Unit: No
  • Bedroom Varies By Unit: No
  • Lot Dimensions: 106x127
  • Lot Size SqFt: 13,462
  • Number of Stories: 3
  • Property Subtype: Six Plex
  • Total Units: 6
  • Year Built: 1878

Exterior Features

  • Exterior: Stucco/Drivit,​Wood
  • Parking: Garage Detached
  • Roof: Shingle Composition

Interior Features

  • Basement: Full
  • Entrance: Private,​More than one per Unit
  • Floors: Carpet,​Wood,​Vinyl
  • Unit 1 # Baths: 1
  • Unit 1 # Beds: 1
  • Unit 2 # Baths: 1
  • Unit 2 # Beds: 1
  • Unit 3 # Baths: 1
  • Unit 3 # Beds: 1
  • Unit 4 # Baths: 1
  • Unit 4 # Beds: 1
  • Unit 5 # Baths: 1
  • Unit 5 # Beds: 1
  • Unit 6 # Baths: 1
  • Unit 6 # Beds: 1

Utility Features

  • Air Conditioning: None
  • Appliances: Refrigerator,​Oven/Range,​Washer,​Dryer,​All Units
  • Heating: Hot Water
  • Sewer: City Sewer
  • Water: City Water

Financial Features

  • Potential Short Sale: No
  • Price Per SQFT: 77.5
  • REO/Bank Owned: No
  • Sale/Rent: For Sale
  • Utility Included in Rent: Gas,​Water,​Trash Collection,​Lawn Service,​Snow Removal,​Sewer

Community Features

  • Subdivision: Bennett's 1st Addn

School Features

  • Elementary School: Hawthorne ES
  • High School: Lincoln HS
  • Middle School: George McGovern MS - Sioux Fall
  • School District: Sioux Falls

Miscellaneous Features

  • Foundation: Poured,​Block,​Other
  • Misc Info: Separate Meters
  • Safety Features: Smoke Detector
  • Unit Features: Carpets,​Patio,​Balcony Deck,​Extra Storage,​Living/Dining Rm,​Kitchen/Dining Rm,​Some Units
  • Zoned: Not Verified

Location

 
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Directions to 304 N Summit Ave, Sioux Falls, SD 57104
7th and Summit
The listing information for 304 N Summit Ave, Sioux Falls, SD 57104 was graciously provided by our friends at the listing brokerage, ABC Realty, Inc.

Get Financing for 304 N Summit Ave, Sioux Falls, SD 57104

Great Western Bank
Renee Gullickson
301 N Egan Ave.
Madison, SD 57042
605-256-6532 Office
605-636-4506 Mobile
605-256-6480 Fax
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P&I Payment $1103.78
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Advantage's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Advantage, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTORĀ® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than EXIT Realty Advantage 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 deemed reliable but not guaranteed. © 2018 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Last Updated 04/20/2018 at 10:21pm
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