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101 & 103 E State St, Martin, SD, 57551

--beds
--baths
--sqft
$450,000
--price/sqft
$2,770/moest. monthly cost
$110,800/yrincome needed

About This Home

Exceptional investment opportunity with endless potential! Situated on a 1-acre lot, this unique property features two separate dwellings, offering flexibility for rental income, owner occupancy or both. The single-family home includes 4 bedrooms (one may not be to code), 1 bathroom, and a spacious living room, all conveniently located on one level. The brick exterior & cove heat provide excellent energy efficiency, with a propane-compatible forced-air furnace available if preferred. Recent electrical updates & cosmetic improvements make the home move-in ready. The neighboring up/down duplex is currently operating as successful Airbnb rentals. Each 792-square-foot unit offers 2 bedrooms, 1 bathroom, stackable washer & dryer, window A/C for the warmer months & cove heat to keep things comfortable during the winter. Financial information is available upon request & all furnishings can be included, making this a truly turnkey investment. The brick home is also available for purchase separately. Don't miss this rare opportunity to own a versatile property with multiple income possibilities!

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

3/10
Martin Elementary - 03Grades PK-50.5 mi
3/10
2/10

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Heating & Cooling

  • Heating features: Electric,Forced Air,Propane
  • Cooling features: Central Air,Window Unit(s)

Property

Details

  • Zoning description: Unknown

Features

  • Exterior features: Balcony/Deck,Private Entrance
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 1 Acres
  • Features: Level,Interior Lot

Parking

  • Parking features: Garage,See Remarks
  • Has garage: Yes