202 Prospect, Vermillion, SD

202 Prospect, Vermillion, SD - Get Directions

202 Prospect, Vermillion, SD

202 Prospect, Vermillion, SD - Get Directions
  • $169,900
 

Details

 

    $169,900

    Multi-Family

  • Property ID: 830107
  • Total Sq. Ft.: 2062 Sq Ft
  • Acres: 0.15 Acres
  • Year Built: 1897
  • Property Status: For Sale
  • Taxes: $4187

Description

Investment Opportunity – Duplex Near USD Campus This duplex investment property is located on a corner lot within walking distance to the University of South Dakota and downtown Vermillion. Both units are separately metered for utilities, offering convenience and efficiency for owners and tenants alike. Unit 1 (Main Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., featuring hardwood floors, spacious layout, and natural light. Unit 2 (Upper Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., updated with brand-new carpet. Both units are currently leased through May 31, 2026, providing immediate rental income and long-term stability. This property has a strong rental history and built-in demand thanks to its prime location. Whether you’re expanding your portfolio or looking for a turnkey income-producing property, this duplex checks all the boxes.

 

MLS Information

 
Air Conditioner TypeWindow Unit
Below Grade Finished Square Feet0
Contingency TypeNone
CountyClay
DrivewayConcrete,Gravel
Elementary SchoolVermillion
Flood InsuranceNot Required
Fuel TypeNatural Gas
Garage TypeNone
Heat TypeForced Air
High SchoolVermillion
Legal DescriptionE 1/2 OF LOTS 6 & 7 BLK 50 SNYDERS CITY OF VERMILLION, COUNTY OF CLAY, SOUTH DAKOTA
Lot Size Dimensions6600
Main Square Feet1031
Middle SchoolVermillion
Rental Income1800
RentedYes
Tax Year2024
Units2
Water TypeCity
ZoningR-2

MLS#: 830107; Listing Provided Courtesy of Maloney Real Estate (605-624-3333) 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.

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