For Sale
$219,000

907 9Th AveAberdeen, SD 57401

Two-unit rental property, 100% occupied, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a well-maintained duplex located at 907 9th Ave SW in Aberdeen, South Dakota, 57401. The property sits on a 0.14-acre lot and boasts two units, currently operating at 100% occupancy, generating a substantial net operating income (NOI) of $13,717. Each unit is priced at $109,500, contributing to the overall asking price of $219,000. The property features individual furnaces and gas water heaters for each unit, ensuring efficient utility management. Tenants are responsible for their own gas and electric expenses. Detailed rent rolls are available for review upon presentation of pre-approval documentation. This duplex represents a compelling investment prospect with a strong track record of profitability and a desirable location in Aberdeen, Brown County. The property's high occupancy rate and manageable expenses make it an attractive option for investors seeking a stable and lucrative return. Contact us today to schedule a showing and explore this promising investment opportunity further.

Highlights

  • Well-maintained duplex in Aberdeen, SD, at 907 9th Ave SW.
  • Sits on a 0.14-acre lot with two units, currently 100% occupied.
  • Generates a $13,717 annual net operating income (NOI).
  • Asking price is $219,000 ($109,500 per unit).
  • Each unit has its own furnace and gas water heater; tenants pay gas and electric.

Property Details for 907 9Th Ave

Property type
Residential income homes
Buildings
1
Lot Size (sq. ft)
6,098 SF
Units
2

Location Insight

City
Aberdeen
County
Brown
State
South Dakota
Latitude
45.456093590522
Longitude
-98.501724115654
907 9Th Ave, Aberdeen, South Dakota

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907 9Th Ave
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