828 SW Illinois St, Huron, SD 57350 (MLS# 22-170)

828 SW Illinois St, Huron, SD 57350

$1,600,000

Property Type: MultiFamily Square Footage: 20,000 Status: Closed

Current Price: $1,600,000 List Date: 5/14/2022 Last Modified: 8/25/2024

Overview

Description

Well-occupied multi-family property with 22 spacious (900 sq. ft.) 2-bdrm/1-bth apartment units with 8 garages. In-fill location, adjacent to Central Park with aquatic center/waterpark. Value-add opportunity in tight market with a housing shortage. Newer roof. 100% occupied with current rents of $675 (plus $50 for a garage). Tenants pay unit electricity.

Listing Details MLS# 22-170

Contract Information

Book Section: Residential
Begin Date: 2022-05-09
Sold Date: 2022-12-30

Location Tax and Other Information

House Number: 828
Street Direction Pfx: SW
Street Name: Illinois
Street Suffix: St
State/Province: SD
Postal Code: 57350
Taxes: 10898
Tax Year: 2021

General Property Description

Age: 1949
Realtor.COM Type: Multi-Family
Stories: 3
Garage Stall: 8
Garage Type: Dtchd
Legal: Lots 20-25, Block 97, County Auditor Resub OLR, Huron, Beadle County, SD.
Total Finished SqFt.: 20000

Construction

Exterior Const: Stucco

Utilities

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

Foundation

Poured: Yes

More Information

Basement

Partial: Yes

Income & Expenses

Gross Income $: 14682

Appliances

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

Property Features

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

Documents

Brochure ›

Listing Office: Mitchell Realty LLC

Last Updated: August - 25 - 2024

Information deemed reliable but not guaranteed.