Details
$475,000
Multi-Family
- Property ID: 825931
- Total Sq. Ft.: 5177 Sq Ft
- Acres: 0.22 Acres
- Year Built: 1900
- Property Status: For Sale
- Taxes: $5258
Description
Nestled in the heart of Vermillion, this multi-family property offers a unique opportunity for savvy investors and history enthusiasts alike. Once serving as the Vermillion Hospital from 1922 to 1935, this charming building has since been transformed into a spacious residence with an impressive 11 bedrooms and 8 bathrooms. Imagine the stories these walls could tell! You’ll certainly appreciate the character and charm that comes with owning a piece of local history. The property’s location is nothing short of ideal. Just a short jaunt away, you’ll find restaurants and entertainment in Historic Downtown Vermillion and within walking distance of the University of South Dakota campus. The roof was new in 2018 and this past year it has been in the process of getting a fresh coat of paint! For those with an entrepreneurial spirit, this multi-family home presents an excellent opportunity for rental income. With its abundance of bedrooms and bathrooms, you could be the proud landlord of a housing complex or a cozy bed and breakfast – the possibilities are as vast as the South Dakota sky!
MLS Information
| Above Grade Square Feet | 1 |
| Association Fee | 0 |
| Below Grade Square Feet | 1 |
| Below Grade Finished Square Feet | 0 |
| Below Grade Unfinished Square Feet | 0 |
| Contingency Type | None |
| County | Clay |
| Legal Description | N 1/2 OF LOT 13 & ALL OF LOT 14 BLK 35 SNYDERS ADDN |
| Main Square Feet | 3078 |
| Rental Income | 4950 |
| Rented | Yes |
| Tax Year | 2023 |
| Units | 8 |
| Zoning | Commercial |
MLS#: 825931; 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.
896 N Spanish Bay, Dakota Dunes, SD
874 N Spanish Bay, Dakota Dunes, SD
