3900 S Hawthorne Ave, Sioux Falls, SD 57105
3900 S Hawthorne Ave, Sioux Falls, SD 57105
3900 S Hawthorne Ave, Sioux Falls, SD 57105
3900 S Hawthorne Ave, Sioux Falls, SD 57105
3900 S Hawthorne Ave, Sioux Falls, SD 57105
3900 S Hawthorne Ave, Sioux Falls, SD 57105
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$ 1,200,000
Est. payment | /mo

10,620 SqFt


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$ 1,200,000
Est. payment | /mo
Save

10,620 SqFt

Key Details

Property Type Multi-Family

Sub Type Twelve Plex

Listing Status Active

Purchase Type For Sale

Square Footage 10,620 sqft

Price per Sqft $112

Subdivision Berrys Tom

MLS Listing ID 22600771

Year Built 1973

Lot Size 0.710 Acres

Property Sub-Type Twelve Plex

Property Description

Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through on-site coin-operated laundry, garages, and ample parking. There is also opportunity to further increase returns by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). A solid, stabilized investment with upside potential—don't miss this opportunity. Contact us today to learn more and schedule a private showing!

Location

State SD

County Minnehaha

Area Sfc016

Rooms

Basement Partial

Interior

Heating Forced Air, Natural Gas

Flooring Carpet, Vinyl

Exterior

Exterior Feature Stucco/Drivit, Wood

Roof Type Other

Building

Sewer City Sewer

Water City Water

Schools

Elementary Schools Laura Wilder Es

Middle Schools Edison Ms

High Schools Roosevelt Hs

School District Sioux Falls

Others

Miscellaneous Separate Meters,Community Water Heater

Realtor Association of the Sioux Empire, Inc. (RASE)
LIsted by Alpine Residential • Jackson Dorhout
Abraham Carroll

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(605) 728-6599

abraham.carroll20@joinreal.com

4912 S Technopolis Dr, Sioux Falls, SD, 57106-4230, USA

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3900 S Hawthorne Ave