415 Lincoln St Aberdeen, SD 57401
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 415 Lincoln St
- Year built
- 1901
- Property type
- Commercial real estate
Description
This charming 4-unit multifamily property, located at 415 N Lincoln St in Aberdeen, South Dakota, presents a compelling investment opportunity. Built in 1901, the building offers a blend of history and potential. The property is priced at $199,900. The unit breakdown includes three 2-room apartments and one 1-room apartment. Apartment 1 features window/wall air conditioning and tenants are responsible for electricity and heat; the owner pays for water. Apartment 2 also has window/wall air conditioning, with tenants responsible for electricity and heat, and the owner paying for water. Apartment 3 is a 1-room unit with window/wall air conditioning, and tenants responsible for electricity and heat; the owner pays for water. Finally, Apartment 4 is a 1-room unit where the owner covers electricity, heat, and water. This property is situated in Brown County, South Dakota, zip code 57401, offering investors a chance to capitalize on the Aberdeen market. The property's age and layout present opportunities for renovation and increased rental income. This is an ideal investment for those seeking a hands-on approach to property management or a strong addition to an existing portfolio. The property's location and historical character offer unique appeal to potential tenants. Further due diligence is recommended to fully assess the investment potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Brown
- State
- South Dakota
- Longitude
- -98.4869022
- Latitude
- 45.4702729
