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    Residential Income Property For Sale Title is generated by Realmo AI

    605 Main Ave, Lemmon, SD 57638

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    Five-unit residential building with renovation potential.

    Type:Multifamily
    Property size:
    2,688 SF
    Price / SF:
    $37/SF
    Added:
    Jan 19, 2023
    Days on Market:
    1264
    Last Refresh:
    Jun 28 at 11:36 pm

    Property Features for 605 Main Ave

    General Information

    Standard status
    Active
    Size
    2,688 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1930

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    Ken Wilson
    Ken Wilson

    Listing office Coyote Country Realty

    Listing date Jan 19, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coyote Country Realty

    HighLights

    • Potential for double‑digit ROI.
    • Live in one unit and rent out the others to cover mortgage costs.
    • Features four 1‑bedroom apartments, three currently rented.
    • Includes one unfinished 2‑bedroom garden apartment.
    • Includes one unfinished 1‑bedroom main floor apartment.
    • Built in 1930.

    Overview

    This five-unit residential building includes four one-bedroom apartments, three of which are currently rented. There is also one unfinished two-bedroom garden apartment and one one-bedroom main floor apartment that requires renovation. The property size is 2688 square feet. This property presents an investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Pharmacy Department Store Kitchen & Bath Showroom Grocery & Convenience Store Food Market Barber Shop Electronics & Wireless Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lemmon
    County
    Perkins
    State
    South Dakota
    Longitude
    -102.1598465
    Latitude
    45.9385651

    FAQs

    What type of property is this?
    Apartment building - Five-unit residential building with renovation potential.
    Where is this apartment building located?
    The property is located at 605 Main Ave Lemmon, SD.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: Potential for double‑digit ROI.; Live in one unit and rent out the others to cover mortgage costs.; Features four 1‑bedroom apartments, three currently rented.
    More about this property
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