113 3rd Street Newell SD 57760 | 74701

113 3rd Street
Newell, SD, 57760
$199,000
Beds
0 Baths
2,600 SqFt
0.26 Acres
Check this opportunity out! 2 Story, 7 bedroom boarding home in Newell. 3 City lots. There is a nice 2-car heated(heater needs connected) garage 24×28 with a concrete floor, garage door opener, and alley access. Most woodwork is original. Seller has done many improvements/repairs. Located on Main street. Currently, most all rooms are rented. The rent includes all utilities and furnished apartments. There is a waitlist for potential renters. There is a high demand for furnished apartments in the area. The rents are $550 (unit off dining) to $750 (bigger units). An on-site manager lives in one of the upper-level units and would be willing to stay as manager if the buyer is interested. The seller has kept one bedroom for himself but could be rented for additional income. The main level laundry is open for tenants to use as available. The main level features a kitchen, dining, laundry room, living room, 3 bedrooms, 1 1/2 baths, and a back porch. Upper level includes 4 bedrooms 1 shared bath. There is a newer furnace (approx. 9 yrs old. ) this furnace serves the main level. 2nd level has a wall furnace only but there are a few portable heaters if needed. The water heater is approx. 50 gal (2020)located in the laundry area. Electrical appears to have been updated in many areas and several electrical panels. There is a mid-section between the floors that are used for storage added bonus to this structure. The basement has a dirt floor. Propane tanks are leased from McGas.

Property Details

Price:
$199,000
MLS #:
74701
Status:
Active
Address:
113 3rd Street
Type:
Commercial
City:
Newell
Listed Date:
Dec 28, 2022
State:
SD
Square Ft (approx):
2,600
ZIP:
57760
Lot Size:
11,325 sqft / 0.26 acres (approx)
Year Built:
1920
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I was raised on a ranch west of Buffalo, S.D. and still have a love of the land and the farm/ranch way of life. An interest in the farm/ranch area of real estate naturally follows my upbringing. Newell, S.D. was where I spent the bulk of my career in teaching and coaching. During my 31 year tenure in the Newell School District, I was also active with the Fellowship of Christian Athletes with the high school students, as well as being involved in local church leadership, and church youth work. …

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Schools

Interior

B A S E M E N T/ S U B S T R U C T
Crawl Space
C O O L I N G
Refrig. Wall Unit
H E A T I N G
Propane, Forced Air

Exterior

C O N S T R U C T I O N
Frame
E X T R A S
Furnished, Kitchen Area, Laundry, Manager On- Site, Restrooms, Window Coverings
I M P R O V E M E N T S
Shed
L O T D E S C R I P T I O N
Interior Lot
P A R K I N G
Street Parking
R O A D S U R F A C E
Gravel

Financial

U T I L I T I E S- S E W E R
City ( At Site)

Map

Community

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