$475,000
25 Prospect 1-7, 23 Vermillion, SD 57069
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$475,000
Est. payment /mo
12 Beds
7.75 Baths
5,177 SqFt
UPDATED:
09/29/2024 08:39 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Unit
Listing Status Active
Purchase Type For Sale
Square Footage 5,177 sqft
Price per Sqft $91
MLS Listing ID 825931
Bedrooms 12
Full Baths 7
Three Quarter Bath 1
Year Built 1900
Annual Tax Amount $5,258
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property 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!
Location
State SD
County Clay
Area Surrounding Areas/Other Areas
Zoning Commercial
Multi-Unit Info
Total Units 8
Unit 1 Information SqFt: 816; Bedroom: 2; Bathroom: 1; FullBath: 1
Unit 2 Information SqFt: 735; Bedroom: 2; Bathroom: 1; FullBath: 1
Unit 3 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1
Unit 4 Information SqFt: 650; Bedroom: 2; Bathroom: 1; FullBath: 1
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Listed by Maloney Real Estate
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