415 Lincoln StAberdeen, SD 57401

For Sale
$199,900

Historic 4-unit building, excellent potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This charming 4-unit multifamily property, located at 415 N Lincoln St in Aberdeen, South Dakota, presents a compelling investment opportunity. Built in 1901, the building offers a blend of history and potential. The property is priced at $199,900. The unit breakdown includes three 2-room apartments and one 1-room apartment. Apartment 1 features window/wall air conditioning and tenants are responsible for electricity and heat; the owner pays for water. Apartment 2 also has window/wall air conditioning, with tenants responsible for electricity and heat, and the owner paying for water. Apartment 3 is a 1-room unit with window/wall air conditioning, and tenants responsible for electricity and heat; the owner pays for water. Finally, Apartment 4 is a 1-room unit where the owner covers electricity, heat, and water. This property is situated in Brown County, South Dakota, zip code 57401, offering investors a chance to capitalize on the Aberdeen market. The property's age and layout present opportunities for renovation and increased rental income. This is an ideal investment for those seeking a hands-on approach to property management or a strong addition to an existing portfolio. The property's location and historical character offer unique appeal to potential tenants. Further due diligence is recommended to fully assess the investment potential.

Highlights

  • $199,900 asking price.
  • Multifamily property.
  • 1901 construction.
  • Located at 415 N Lincoln St, Aberdeen, SD 57401.
  • Four units total.

Property Details for 415 Lincoln St

Property type
Multifamily properties, Residential income properties
Year Built
1901

Location Insight

City
Aberdeen
County
Brown
State
South Dakota
Latitude
45.4702729
Longitude
-98.4869022
415 Lincoln St, Aberdeen, South Dakota

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415 Lincoln St
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