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604 1st Ave, Brookings, SD, 57006

12beds
4baths
1,872sqft
$550,000
$294price/sqft
$3,835/moest. monthly cost
$153,400/yrincome needed

About This Home

Investors, this is what it sounds like when cash flows! This fourplex at 604 1st Avenue offers four spacious units, each featuring three bedrooms and one bathroom. Three of the four units have been updated, and new exterior siding is scheduled to be installed later this summer. Each unit currently rents for $900 per month, generating a total gross rental income of $3,600 per month. Continue renting all four units, or live in one while collecting income from the remaining three. Whether you're expanding your portfolio, exploring an owner-occupied investment, or purchasing your first multifamily property!

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

4/10
Hillcrest Elementary - 04Grades PK-31.2 mi
4/10

Construction

Condition

  • Year built: 1976

Type & Style

  • Home type: SingleFamily
  • Architectural style: Multi-Unit
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 4
  • Full bathrooms: 4

Interior Area

  • Total structure area: 1,872
  • Total interior livable area: 1,872 sqft

Property

Features

  • Stories: 1

Lot

  • Lot size: 0.45 Acres
  • Lot size dimensions: 100 x 194