Sioux Falls Commercial Real Estate

Multi-Family

Under Contract

Covrig Four-Plex

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1001 W. 16th Street
Sioux Falls, SD

Space Available: 4 Units

For Sale: $190,000

Property Description

  • Two-story four-plex located on the southwest corner of W. 16th Street & Menlo Avenue.
  • Unit mix: Three (3) 600 sq. ft. 1 - bedroom, 1 -bath units
    One (1) 1,200 sq. ft. 3 - bedroom, 1 - bath unit
  • Unit square footage is estimated.
  • 100% occupied.
  • Tenant pays electric.
  • Landlord pays heat, electric (common area A/C), sewer, water, garbage, snow removal and lawn care.
  • Coin-operated laundry facilities in common area.
  • Three bedroom unit has laundry hook-ups.
  • Appliances include refrigerator and stove.
  • Three-stall attached garage. Off-street parking accessed through alley.
  • Financials will be provided to qualified buyers upon request.

Brokers

Mike Orr

Broker Associate

Mike graduated from Gustavus Adolphus College in St. Peter, MN in 2001. Since then he has gained experience in sales, marketing and advertising in professional and minor league sports. He has previously worked for organizations such as Minnesota Thunder Professional Soccer Club, Arizona Sahuaros Professional Soccer Club, Dakota Gold Soccer Club, and Twin Cities Phoenix FC.