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501 S Walts Ave
Sioux Falls, SD 57104
Multifamily Property For Sale · 7 Units

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 2,920 SF
No. Stories 2
Year Built 1919
Parking Ratio 2.05/1,000 SF
Zoning RT-1

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Yard

SITE AMENITIES

  • 24 Hour Access

ABOUT 501 S WALTS AVE , SIOUX FALLS, SD 57104

¨ Multifamily investment opportunity! ¨ 11.22 Cap based on proforma income ¨ 2 buildings with one 2 bed / 1 bath unit and five 1 bed / 1 bath units and one studio unit ¨ 6 Units leased. Vacant unit is being rehabbed ¨ Boiler heat ¨ Window A/C ¨ 6 Detached garage spaces in one building ¨ 6 Units pay electric ¨ Landlord is responsible for gas, water/sewer, trash, lawncare and snow removal ¨ Financials available with confidentiality agreement

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - -
1+1 5 - -
2+1 1 - -
  • Listing ID: 16962293

  • Date on Market: 8/19/2019

  • Last Updated:

  • Address: 501 S Walts Ave, Sioux Falls, SD 57104

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