546 S Dakota Ave, Huron, SD 57350 (MLS# 22-452)

546 S Dakota Ave, Huron, SD 57350

$1,550,000

Property Type: MultiFamily Square Footage: 16,000 Status: Closed

Current Price: $1,550,000 List Date: 12/28/2022 Last Modified: 8/25/2024

Overview

Description

Non-MLS transaction for comp purposes. Completely remodeled 21-unit apartment complex. Twenty 1-bdrm units, one 3-bdrm unit. New kitchens, baths, flooring, electric, plumbing, pavement, interior hallways, entries, etc. 100% occupied. Approximately an 8.1% cap rate. LL pays water, sewer, garbage, and hot water. Tenants pay electric.

Listing Details MLS# 22-452

Contract Information

Book Section: Residential
Begin Date: 2022-12-01
Sold Date: 2022-12-27

Location Tax and Other Information

House Number: 546
Street Direction Pfx: S
Street Name: Dakota
Street Suffix: Ave
State/Province: SD
Postal Code: 57350
Taxes: 5117.26
Tax Year: 2022

General Property Description

Age: 1920
Realtor.COM Type: Multi-Family
Legal: N 12 1/2' of Lot 23 & all of Lots 24 & 25 Block 136 Blocks 131-140, Beadle County
Total Finished SqFt.: 16000

Construction

Construction: Concrete
Exterior Const: Brick
Roof: Membrane

Utilities

Heat: Wall
Air Conditioning: Window
Water Pd By: Owner
Sewer Pd By: Owner
Electric Pd By: Tenant
Seperate Meters: Yes

Foundation

Poured: Yes

More Information

Basement

Full: Yes

Appliances

Microwave: Yes
Range/Oven: Yes
Refrigerator: Yes
DRYER: Yes
WASHER: Yes

Property Features

Foundation: Poured Basement: Full Appliances: Range/Oven; Refrigerator; Microwave; DRYER; WASHER Utilities: Seperate Meters

Listing Office: Mitchell Realty LLC

Last Updated: August - 25 - 2024

Information deemed reliable but not guaranteed.