Property Address

2601 S Norton Avenue
Sioux Falls, SD

Property Description

This listing presents a rare opportunity to own a newer (built in 2020) multi-family property in the heart of Sioux Falls near Augustana University.  The property consists of 2-story building with three 3-bedroom, 2 1/2 bath (1/2 on main and 2 full on upper level) apartments with separate entrances. There are in-unit washers and dryers. There is an outstanding rental history with all three tenants having renewed their leases at least twice. Each unit has an attached single stall garage (792 sq. ft.) and there is an additional parking pad in the rear of the property. Tenants pay gas, electric & cable/internet, and landlord pays snow removal, lawn mowing, water, sewer and garbage. Forced air heat and central air. The yard is irrigated. A member of the ownership entity is a licensed real estate broker in the State of South Dakota

Property Details