This income~producing duplex at 121 W Clark St in Vermillion puts you right in the middle of a consistent rental market, with the University of South Dakota just minutes away. The property currently generates $1,300 per month in rental income, giving you a running start from day one. The upper unit offers three bedrooms and a full bath with newer appliances already in place. The lower level unit has two bedrooms and a full bath with its own separate entrance, giving each tenant their own distinct space. Two separate driveways provide off~street parking for both units. The laundry room drain line was replaced within the last few years, so you are not walking into any deferred maintenance surprises there. Whether you are an experienced investor looking to add to your portfolio or a first~time buyer interested in house hacking, this duplex offers a practical and affordable way to get into the Vermillion rental market. This home would also be incredibly easy to turn back into a single family home with 5 bedrooms and 2 bathrooms. The stairwell to the basement is accessible from the outside and the upper unit as they share washers and dryers in the basement...
Listed By
Agency Name: Maloney Real Estate
Agency Phone: 605-624-3333
Shown By
Agency Title: United Real Estate Solutions
Agency Phone: 712-226-6000
Estimated Payment
$ 1,783.90 per month $1,389.21 Principal & Interest $325.42 Property Tax $69.27 Homeowner's Insurance
121 W Clark | MLS# 832166
This multi-family property located at 121 W Clark, Vermillion, SD 57069 is currently listed for sale with an asking price of $237,500. Search Vermillion real estate on www.unitedrealestatesolutions.com today.