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Listed bySTEPHANIE NESSELHUF • RE/MAX ADVANTAGE
$449,900
Est. payment /mo
Active
301 LINE RD Box Elder, SD 57719
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Key Details
Property Type Residential Income
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 180534
Style Other
HOA Y/N No
Year Built 1949
Lot Dimensions .810
Property Sub-Type Other
Property Description
Investment opportunity featuring multiple rental units situated across the property. The property includes nine separate cabin structures, with one two-story cabin and the remaining cabins offering single-level living. There is currently no structure on Lot 3. Cabins 6 and 7 have been gutted and are ready for renovation, offering an opportunity for an investor to improve the property and potentially increase future rental income. All remaining cabins are currently occupied with tenants on month-to-month rental agreements. Property is being sold AS-IS, WHERE-IS, and the seller will make no repairs. This property offers a unique opportunity for an investor looking for existing rental income combined with additional value-add and redevelopment potential. Buyer and buyer's agent to verify all information, measurements, condition, zoning, permitted uses, and rental information to their satisfaction.
Location
State SD
Area Box Elder
Zoning Conforming
Direction Take a right on Radar Hill Rd and property will be on the left on Line Rd.
Interior
Heating Natural Gas, Individual Heat
Cooling Individual A/C, Central Air, Window Unit(s)
Appliance Individual Water Heaters
Exterior
Parking Features Assigned, Common
View Y/N Yes
Roof Type Metal
Garage No
Building
Foundation Block
Sewer City (at site)
Water Public
Architectural Style Other
Others
Security Features None
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
Schools and Properties Nearby