Details
$750,000
Multi-Family
- Property ID: 828571
- Total Sq. Ft.: 10800 Sq Ft
- Acres: 0.6 Acres
- Year Built: 1995
- Property Status: For Sale
- Taxes: $8022
Description
Great investment opportunity on commercial building in downtown Vermillion. 2 long term tenants rent this property. Seller is installing new flooring in USDA portion of the building in May. Roof was replaced in 2022. Listing agent has leases. Income and expense reports attached. Owner pays for utilities, cleaning ($400 monthly) snow, garbage, rugs. USDA lease expires 5-31-2028 and CCA lease expires 2-28-2026.
MLS Information
| Air Conditioner Type | Central |
| Below Grade Finished Square Feet | 5400 |
| Contingency Type | None |
| County | Clay |
| Driveway | Concrete |
| Flood Insurance | Not Required |
| Fuel Type | Natural Gas |
| Garage Type | None |
| Heat Type | Forced Air |
| Legal Description | Lots 14,15,16 & 17 Blk 29 Original Town |
| Lot Size Dimensions | 26400 |
| Main Square Feet | 5400 |
| Property Features | Level Lot |
| Rental Income | 7000 |
| Rented | Yes |
| Tax Year | 2024 |
| Units | 2 |
| Water Type | City |
| Zoning | comm |
MLS#: 828571; Listing Provided Courtesy of Dakota Realty (605-624-4474) via Northwest Iowa Regional Board of REALTORS. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
312 INVERNESS TRL, Dakota Dunes, SD
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