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


$209,000
601 E 2nd St
Mitchell, SD 57301
MLS# 20-362
5310 sqft


601 E 2nd St, Mitchell, SD 57301
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Property 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.

Details
Maps
Documents
Contract Information
Current Price: $209,000
Book Section: Residential
Begin Date: 2020-09-23
Status: Active
List Price: $209,000
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
Lot Size: 50X142
Stories: 2
Legal: Cooley & Guernsey- W1/2 (22) Lot 7 Blk 38, City of Mitchell, Davison County, SD
Total Finished SqFt.: 5310
Construction
Construction: Frame
Roof: Asphalt Shingles
Income & Expenses
Gross Income $: 40200
Insurance $: 2400
Property Features
Foundation: Block; Rock/Mortar
Appliances: Range/Oven; Refrigerator; DRYER; WASHER

Listing Office: Mitchell Realty LLC

Last Updated: September - 28 - 2020

Information deemed reliable but not guaranteed.

Tuesday 20th of October 2020 09:12 AM