109 N Wayland Ave Sioux Falls, SD 57103
Welcome to 109 N Wayland Ave, Sioux Falls, SD Discover an exceptional investment opportunity in the heart of Sioux Falls with this well-maintained fully rented 5-plex. The units consist of 4 studio 1 bath apartments and one 1 bed and a 1 bathroom unit, perfect for singles or couples seeking comfort and convenience. Property Highlights: -New furnace and AC in 2023 -Income Potential: Benefit from a 7% Cap Rate, ensuring a reliable and steady income stream. -Newly Renovated Units in 2022- FULLY occupied! - New AC and Furnace in 2023 -Prime Location: Nestled in a convenient neighborhood, residents will enjoy easy access to shopping, parks, and the vibrant downtown area. -Parking & Storage: Ample off-street parking for tenants, complemented by a detached 2-stall garage that offers additional convenience and potential for extra income. This 5-plex is a rare find and a golden opportunity for savvy investors. Donât miss out on owning a valuable piece of real estate in Sioux Falls!
- Property TypeMulti-Family
- NeighborhoodEast Sioux Falls Addn
- CountyMinnehaha
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site32 Days
- MLS StatusActive
- MLS ID Number22404927
- Home Size Source N/A
- Year Built1934
- Lot Size0.1141 Acres
- Full Baths5
- Partial BathsN/A
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