25 Prospect, Vermillion, SD

25 Prospect, Vermillion, SD - Get Directions

25 Prospect, Vermillion, SD

25 Prospect, Vermillion, SD - Get Directions
  • $475,000
 

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 Feet1
Association Fee0
Below Grade Square Feet1
Below Grade Finished Square Feet0
Below Grade Unfinished Square Feet0
Contingency TypeNone
CountyClay
Legal DescriptionN 1/2 OF LOT 13 & ALL OF LOT 14 BLK 35 SNYDERS ADDN
Main Square Feet3078
Rental Income4950
RentedYes
Tax Year2023
Units8
ZoningCommercial

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.

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