601 E 2nd St, Mitchell, SD 57301 (MLS# 20-362)

601 E 2nd St, Mitchell, SD 57301

$199,900

Property Type: MultiFamily Square Footage: 5,310 Status: Closed

Current Price: $199,900 List Date: 9/28/2020 Last Modified: 8/25/2024

Overview

Description

7 Unit apartment complex. 100% occupied with off street parking, individual doors to each unit. Very low vacancy rate. 1 three bedroom, 5 one bedroom. 1 efficiency. Window air tenant provided. Water/Sewer paid by owner. New concrete front porch in '09. New siding and most windows in '15. Projected new operating income $20,989/year, see Pro Forma in documents, at mitchellrealty.net.

Listing Details MLS# 20-362

Contract Information

Book Section: Residential
Begin Date: 2020-09-23
Sold Date: 2020-12-31

Location Tax and Other Information

House Number: 601
Street Direction Pfx: E
Street Name: 2nd
Street Suffix: St
State/Province: SD
Postal Code: 57301
County: Davison
Taxes: 2784.7
Tax Year: 2019

General Property Description

Age: 1905
Realtor.COM Type: Multi-Family
Stories: 2
Legal: Cooley & Guernsey- W1/2 (22) Lot 7 Blk 38, City of Mitchell, Davison County, SD
Total Finished SqFt.: 5310
Garage Stall: No