310 & 320 E 3rd St Bridgewater, SD Apartment Building Opportunity!

Property Description

Incredible Opportunity! If owning an investment property is your dream, check out this apartment campus with 2 apartment buildings, detached 2 stall garage, and storage shed! Each building consists of 4 – 1 bedroom, 1 bathroom rental units with over 95% occupancy making that a total of 8 units! Concrete on site parking and off-site right of way parking. A community garden is included for tenant use. Each building has some major improvements done by the current owner. Notice the time and care spent to make this property an easier transition to the next opportunist. Several units have recent upgrades completed during tenant transitions and include cove heaters and thermostats, A/C units, ceiling fans, carpets and flooring, blinds, breaker boxes, paint, and kitchen cabinetry. A detailed breakdown of each unit improvements is available upon request. Other building improvements include some sidewalk and parking pad concrete repair/replacement, outdoor lighting, shingles replaced on garage and shed in 2025, new siding on shed in 2025, newer soffit/fascia and gutters, exterior painting, wall units in corridors along with fans in the lights, and new exterior doors with secured access. Coin operated laundry in each building. Rent for each unit includes water, sewer, garbage, and internet. Tenant pays separate electric service. Located on a large corner city lot with easy access to the highway. Nice mature shade trees and grass. More information available upon request.