Multi Family Home

302 3rd Avenue W

McLaughlin, SD 57642

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ActiveMLS® 4028500
$265,000
302 3rd Avenue W, McLaughlin, SD 57642
11 Bds 8 Ba 12,000 Sq.Ft. 0.24 Ac
Description

Eight units. Multiple income streams. Great opportunity for first time home buyers! Endless possibilities! This multi-unit investment property includes five 1-bedroom/1-bathroom apartments and three 2-bedroom/1-bathroom apartments. The variety of floor plans creates broad rental appeal and the opportunity to generate income from multiple tenants under one roof. A property with excellent income potential and an opportunity to build your real estate investment portfolio. At the time of the creation of this listing there was only one unit vancant.

Interior
  • Appliances Other
  • Flooring Vinyl
  • A/C Wall/Window Unit(s)
  • Heating Electric, Baseboard
Exterior and Construction
  • Construction materials Masonite
  • Exterior Awning(s)
  • Style Apartment Style
  • Roofing Shingle
  • Construction Masonite, One, Concrete Perimeter
Utilities
  • Sewer Public Sewer
  • Utilities Electricity Connected, Sewer Connected, Water Connected, Trash Pickup - Public
  • Water Public
Land and Lot
  • Lot size 0.24 acres (10,454 sq ft)
  • Lot description Corner Lot
Location and Zoning
  • Road/Access City Street
  • County Corson
  • Zoning N2 OF LOT 11 & LOT 12 BLK 24 MLC 1ST ADD and LOT 10 & S2 OF LOT 11 BLK 24 MLC 1ST ADD, 000
Schools
  • School District McLaughlin School District 15-2
Tax and Legal
  • Annual tax $500
  • Tax year 2025
  • Legal description N2 OF LOT 11 & LOT 12 BLK 24 MLC 1ST ADD and LOT 10 & S2 OF LOT 11 BLK 24 MLC 1ST ADD

Listing Information

Listing Agent
Maggie Newhouse
Listing Office
CENTURY 21 Morrison Realty

Information is from sources deemed reliable but it should not be relied upon without independent verification. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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