5500 44Th StSioux Falls, SD 57106

Property Details for 5500 44Th St

Year built

1990

Lot size

1.19 AC

Property size (Sq ft)

23,190 SF

Property type

Apartment buildings

Description

This exceptional 24-unit apartment building presents a compelling investment opportunity in Sioux Falls, South Dakota. Situated on a 1.19-acre lot at 5500 W 44th St, zip code 57106, this three-story, 23,190 square foot building was constructed in 1990. The property boasts a mix of unit sizes to cater to diverse renter needs: six one-bedroom units ranging from 800 to 950 square feet, and eighteen two-bedroom units ranging from 1,000 to 1,030 square feet. All units feature modern conveniences including dishwashers, microwaves, ovens, and refrigerators. One-bedroom units have wall unit central air, while other units have central air. Each unit also includes a spacious patio or balcony and walk-in closets. The building's prime location offers easy access to the Empire Mall (less than a mile away), Oscar Howe Elementary School, and Roosevelt High School. Tenants are responsible for electricity, while the owner covers heat, water, and garbage. Attached garages provide added convenience. This property offers ample natural light and spacious floor plans, making it an attractive option for renters. Financial details are available upon request. The asking price for this multifamily investment is $2,280,000.

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5129

Longitude

-96.7944

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