322 E 1st Ave, Mitchell, SD 57301

Turnkey investment opportunity! Fully rented 3 unit property with long term tenants in place! Each unit has at least 2 bedrooms and 1 full bath with comfortable living space and a steady rental income potential. Great opportunity to add a solid income-producing property to your portfolio! Each floor is over 1,000 sq ft.Double car garage is also rented out. 1. Upstairs apartment - Eric has in unit laundry, little back porch. Hardwood floors. 2 bedroom, 1 bath, dining room, kitchen, living room and half of garage. Rent- $715 plus $50 for garage He has been there for 10 years. 2. Main level-Carmen has in unit laundry, little back porch, hardwood floors, 2 bedroom, 1 bath, dining room, kitchen, and living room. She has an emotional support dog. Rent $715 3. Basement apartment- 2 bedrooms, 1 bath, kitchen, dining room, living room and half of the garage. He has bee there 7 years. There is a new door on the basement apartment. Rent $500 plus $50 for garage, which they do mowing and snow removal. 2025 New tin roof on the garage Divider wall added in the garage to separate the two sides. Landlord pays, water, garbage and sewer- Avg $96 a month. Tenant pays electricity. Tenants are on a month to month.