605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo
605 S Spring Ave, Sioux Falls, SD 57104 Photo

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605 S Spring Ave Sioux Falls, SD 57104
$225,000
Active / MLS# 22607506 / Multi Unit - Multiple / Sioux Falls
0 Beds
1836 SqFt

Investment opportunity near downtown Sioux Falls! This updated triplex offers great cash-flow potential with three separate units and several recent improvements. Unit 1 features a 1-bedroom, 1-bath studio-style layout. Unit 2 offers 1 bedroom and 1 bath and was recently refreshed with all-new flooring and additional updates. Unit 3 is the largest of the three, featuring 2 bedrooms and 1 bath. All three units have been updated, making this property an attractive addition to an investment portfolio. Each unit has its own separate electric meter and supplemental heat, while a brand-new furnace located in the basement provides additional heat throughout the property. A new roof was installed in 2023, providing another important recent improvement. Tenants will appreciate the off-street parking located at the rear of the property. Conveniently located near downtown Sioux Falls with easy access to shopping, dining, entertainment, employment and other amenities.Whether you're looking to expand an existing rental portfolio or enter the investment property market, this triplex offers three income-producing units in one convenient location.

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Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 767.13 per month $500.00 Principal & Interest $201.50 Property Tax $65.63 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Window Unit(s)
Lot Size: 0.13 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $2,418
Year Built: 1890

Feature Descriptions

Appliances: Refrigerator, Range
Days on Site: 23
Exterior: Vinyl Siding
Flooring: Carpet, Vinyl
Foundation: Block
Inside city limits Y/N: Yes
Lot Dimensions: 115x48
Owner Pays: Electricity, Gas, Trash Collection, Grounds Care, Snow Removal
Parcel #: 34039
Parking Features: Detached
Security Features: Smoke Detector(s)
Sewer: Public Sewer
SQFT Living Area: 1836
Units: 3
Water: Public

Schools

High School: Thomas Jefferson High
Middle School: George McGovern Middle
Elementary School: Lowell Elementary
School District: SiouxFalls

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Real Estate Retrievers of Sioux Falls
Agency Contact: Cell: 605-864-0355

Shown By

Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544

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