The real estate market is always a good place to put your money into. Investing in property is one of the safest and most stable ways to secure a return on your investment. And if you are looking for a great investment opportunity, this South Dakota investment property for sale is worth considering.
This investment property, located in South Dakota, is a 3-bedroom, 2-bathroom house that has had the same tenants for the last 10 years. Currently, the property is rented for $850 a month, but starting from August 1st, the rent will increase to $900 a month. The lease is up in July, and the tenants have shown interest in re-signing for another lease period.
This investment property is a great opportunity for investors who are looking for a stable rental income. With the same tenants for the last 10 years, this property has a proven track record of being a reliable source of income. The tenants have shown interest in renewing their lease, which means that you can expect a steady income for the next lease period.
Moreover, if you are interested in using this property as a personal single-family home, you have the option to do so when the lease is up. This property is not only a great investment opportunity but also a great option for those looking for a place to call home.
The property also comes with a 2-car garage with alley access, offering convenience and security for the tenants. The garage is a great feature that adds value to the property and makes it more attractive to potential tenants.
Investing in this South Dakota investment property for sale is a wise decision for those looking to secure a stable and reliable source of income. With the same tenants for the last 10 years and the option to use the property as a personal home, this property is a versatile investment opportunity that offers great potential for return on investment.
In conclusion, if you are looking for a great investment opportunity that offers stability and versatility, this South Dakota investment property for sale is worth considering. With its reliable rental income, option to use as a personal home, and convenient 2-car garage, this property is a wise investment decision that can provide a great return on investment.
223 S Pine, Vermillion, SD 57069