PRIME INVESTMENT OPPORTUNITY: STUNNING 4-UNIT APARTMENT BUILDING ON MAIN STREET IN CANTON

Asking Price: $349,900
122 S Main St Canton, SD Usa

About 122 S Main St:

Welcome to Main Street in Canton, where an incredible investment opportunity awaits you. This stunning 4-unit apartment building has been completely remodeled, offering four spacious and modern units that are sure to impress. With its prime location, excellent amenities, and potential for great returns, this property is a dream come true for any investor or buyer looking to make a smart move in the real estate market.

Situated on Main Street, this building stands out with its attractive exterior, recently painted to give it a fresh and inviting look. The roof was replaced with a durable and stylish metal pitched roof, ensuring both aesthetic appeal and long-term protection from the elements. These updates not only enhance the property's curb appeal but also provide peace of mind to the owner, minimizing the need for future maintenance expenses.

Each of the four units in this building offers a comfortable and welcoming living space. All units feature two bedrooms and one bathroom, providing ample room for tenants to relax and enjoy their own private space. The remodeling done nine years ago ensures that these units have a modern and updated feel, with tasteful finishes and fixtures throughout.

Three of the units have been consistently rented on a monthly basis, providing a stable and reliable source of income. The fourth unit has been utilized as an Airbnb, allowing for flexible rental options and the potential for higher returns during peak tourist seasons. This mix of rental options adds versatility to the property, allowing the owner to adapt to market demands and maximize their investment.

Beyond its attractive features, this property's location on Main Street is a major selling point. With its high visibility and easy access to a range of amenities and services, tenants will enjoy the convenience and lifestyle this location offers. Additionally, parking is available on Main Street, ensuring tenants have a hassle-free experience when it comes to finding a place for their vehicles.

Investing in this 4-unit apartment building on Main Street in Canton is not just a wise financial decision but also a chance to become a part of a vibrant and growing community. Canton offers a welcoming and friendly atmosphere, with a range of local shops, restaurants, and entertainment options to explore. Its proximity to major transportation routes and other nearby cities also makes it an attractive location for tenants seeking convenience and accessibility.

Whether you're an experienced investor or a first-time buyer, this income-producing property presents a fantastic opportunity to grow your portfolio and secure a steady stream of rental income. With its recent remodeling, prime location, and attractive features, this 4-unit apartment building on Main Street in Canton is a truly exceptional find.

Don't miss out on this incredible investment opportunity. Contact us today to schedule a viewing and see for yourself the potential this property holds. Don't wait too long, as properties like these rarely stay on the market for long. Secure your future and make a smart move towards financial success with this remarkable property on Main Street in Canton.

Features of Property

Type

Quadruplex

Heating

Forced air, natural gas, individual heat and air

Other

Other

Parking

Open parking

Price/sqft

$92 price/sqft

Buyers Agency Fee

buyers agency fee

Features of Building

Bedrooms & bathrooms
Bedrooms

8

Bathrooms

4

Basement
Basement

Full

Flooring
Flooring

Carpet, Laminate, Carpets

Heating
Heating features

Forced Air, Natural Gas, Individual Heat and Air

Cooling
Cooling features

Other

Appliances
Included Appliances

Refrigerator, Oven/Range, Dishwasher, Microwave, Some Units, Individual Water Heater

Laundry features

Wash/Dry Hookups

Other interior features
Total structure area

4,320

Total interior livable area

3,800 sqft

Parking
Parking features

Off Side Street

Has uncovered spaces

Yes

Property
Stories

2

Lot
Lot size

3,055 sqft

Lot size dimensions

27 x 110

Other property information
Parcel number

2001319010a

Zoning

Not Verified

Type & style
Home type

MultiFamily

Property subType

Quadruplex

Material information
Construction materials

Stucco/Drivit, Wood Siding

Foundation

Other

Roof

Other

Condition
Year built

0

Utility
Sewer information

Public Sewer

Water information

Public

Utilities for property

Separate Meters

Security
Security features

Smoke Detector(s)

Location
Region

Canton

Subdivision

Canton Hills Addn

Other financial information
Buyer agency compensation

3%

Other facts
Price range

$349.9K - $349.9K

Property Agent

James Rezac

Hegg, REALTORS

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