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111 Main St
Utica, SD 57067

  • 21,008 total sq. ft.
MLS #115937



Rare opportunity to own a turn-key rental property! Located just 10 minutes from Yankton and the Lewis & Clark Lake Recreation Area, this apartment building with 10 furnished units and multiple garage bays might be calling your name! Many updates over the years including new gutters and eaves (2022 & 2023), newer metal roof (2015-2019), multiple new furnaces and ACs, new flooring in several units, moderately updated kitchens and bathrooms, and the addition of a 14-foot garage door leading to a large heated storage area for boats, ATVs or other vehicles. Individual heated garage stalls on site too. Coin-operated laundry is available for tenants on the main floor of the building, and 3 units have laundry/hookups available privately. A common area houses gym equipment, a pool table and a hot tub room. If that's not enough to invest, this property also comes with a STACKED wood shop full of miscellaneous lumber and woodworking equipment. All furnishings and inventory on site are being sold with the property, including a snow blower. Occupancy rate has consistently been 80% or higher for current owners, and they also currently pay all utilities.

Personal Property Included

All apartment furnishings (couches, coffee/end tables, recliners/sitting chairs, beds, dressers, dining tables, barstools, TVs, dishes), contents of wood shop, grounds maintenance equipment (mower, snowblower), all gym equipment, pool table and accessories, and all inventory on site in closets and in unfinished spaces.

Interested in this property?

Kaye O'Neal

Schedule A Showing

Property Info

Year Built 1960
Heating Forced Air
Fuel Propane-Leased
Sewer City
Water City
County Yankton
Square Footage 21,008 Total | 10,504 Main Floor
Lot Square Feet 31,363
Approx Acres 0.72
Taxes $4,423
Tax year 2022

This information is deemed accurate but not guaranteed.

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