117 S Egan Ave, Madison, SD 57042
- $230,000
- 4,139
- SqFt
- List Price
- $230,000
Property Description
Investment opportunity in the heart of Madison! This four-unit mixed-use property offers multiple income streams with additional upside for its next owner. The café currently rents for $500/month, while the card shop rents for $350/month with its lease ending in October and potential to increase rent to $500/month. The upstairs apartment is currently vacant with estimated market rent of $800-$900/month. A fourth commercial unit is also vacant, creating an excellent opportunity to start or grow your own business, occupy the space yourself, or lease it out for additional income. With four units, existing income, and room to increase revenue, this is a great opportunity to add a versatile mixed-use property to your investment portfolio!
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Courtesy of Tyce Ortman from eXp Realty - Elevated Sioux Falls. Cell: 605-413-7903
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