310 E 3rd StBridgewater, SD 57319

Description

Incredible Opportunity! If owning an investment property is your dream, check out this apartment campus with 2 apartment buildings, detached 2 stall garage, and storage shed! Each building consists of 4 - 1 bedroom, 1 bathroom rental units with over 95% occupancy making that a total of 8 units! Concrete on site parking and off-site right of way parking. A community garden is included for tenant use. Each building has some major improvements done by the current owner. Notice the time and care spent to make this property an easier transition to the next opportunist. Several units have recent upgrades completed during tenant transitions and include cove heaters and thermostats, A/C units, ceiling fans, carpets and flooring, blinds, breaker boxes, paint, and kitchen cabinetry. A detailed breakdown of each unit improvements is available upon request. Other building improvements include some sidewalk and parking pad concrete repair/replacement, outdoor lighting, shingles replaced on garage and shed in 2025, new siding on shed in 2025, newer soffit/fascia and gutters, exterior painting, wall units in corridors along with fans in the lights, and new exterior doors with secured access. Coin operated laundry in each building. Rent for each unit includes water, sewer, garbage, and internet. Tenant pays separate electric service. Located on a large corner city lot with easy access to the highway. Nice mature shade trees and grass. More information available upon request.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1980

Living area

5,544 Sq Ft

Lot size

0.49 acres

Lot dimensions

142 x 150

Zoning

Not Verified

Days on market

61

MLS^® Listing#

22606045

Property Features

Appliances

Refrigerator · Range

Cooling

Window Unit(s)

Heating

Electric

Flooring

Carpet · Vinyl

Basement

None

Parking

Paved

Construction

HardiPlank Type

Foundation

Slab

Roof

Composition

Windows

Window Coverings

Security

Smoke Detector(s) · Gated with Guard · Security Lights

Sewer

Public Sewer

Water source

Public

Parcel number

18.00.1007

Schools

Elementary

Bridgewater ES

Middle

Bridgewater JHS

High

Bridgewater HS

Directions

From SD Hwy 44, turn north on Walnut to Hwy 282 to Juniper and the west on 3rd