SD > Sioux Falls > Folsom 2Nd Addn
Sioux Falls, SD 57104,915 W 15th St
Sioux Falls, SD 57104,915 W 15th St
Sioux Falls, SD 57104,915 W 15th St
Sioux Falls, SD 57104,915 W 15th St
Sioux Falls, SD 57104,915 W 15th St
Sioux Falls, SD 57104,915 W 15th St
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Brandon Martens

Brandon Martens

+1(605) 261-9673
$ 265,000
Est. payment | /mo

6 Beds

2 Baths

2,808 SqFt

Save
$ 265,000
Est. payment | /mo
Save

6 Beds

2 Baths

2,808 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $94

Subdivision Folsom 2Nd Addn

MLS Listing ID 22407308

Bedrooms 6

Year Built 1923

Lot Size 3,301 Sqft

Acres 0.0758

Lot Dimensions 66 x 50

Property Description

Attention Please: If you are looking to build wealth through real estate, this property deserves your SERIOUS consideration! You just found the ultimate House Hack! Bringing the rent rates up to match the market area, has created an 8.6% Cap Rate, making this a fabulous addition to your rental portfolio! If you've never owned an investment property before, here's your opportunity to give the landlord life a whirl and see what passive income is all about. This is literally the PERFECT PROPERTY to create generational wealth. Not only is there a well established rental history here with rare vacancy since 2018, but each unit has 3 bedrooms (all on the same level), large living room, dining room, remodeled kitchen, hardwoods on the main, full bath, rear entry, enclosed front porch with french doors, full basement and their own washer and dryer. Both Central Air units were new in 2020, Furnaces are 2014 & 1992, Roof 2016, Kitchen Remodels 2019, Windows 2019, Sewer Stack 2024, Interior & Exterior paint 2019.

Location

State SD

County Minnehaha

Area Sf-C004

Rooms

Basement Full

Interior

Heating Two or More Units, Forced Air, Natural Gas

Cooling Central Electric, Other

Appliance Refrigerator, Oven/Range, Washer, Dryer, All Units

Exterior

Exterior Feature Wood

Roof Type Shingle Composition

Building

Story 2

Foundation Poured

Water City Water, Separate Meters

Schools

Elementary Schools Lowell Es

Middle Schools Edison Ms

High Schools Roosevelt Hs

School District Sioux Falls

Others

Security Features Controlled Access,Security Lighting,Smoke Detector

Sioux Empire MLS (RASE)
Copyright 2024 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
Listed by Better Homes and Gardens Real Estate Beyond • Jackie M Fischer
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(605) 261-9673

brandon@bhgrebeyond.com

United States

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