1515 NW 2nd St Madison, SD

Home For Sale In Madison, South Dakota

Price: $950,000
Address: 1515 NW 2nd St
City: Madison
State: SD
Amenities: Parking
Bathrooms: 2
Bedrooms: 4
Condition: Resale
Fee: No
Provided By: RealtyWW


This unique property in Madison is a great rental property. The entire compound was completely up-to-date in 2016. One family home on site with 4 beds, two bathrooms, and attached double garage, along with three separate buildings with various different sized units for rent. Current owner has always had a waiting list for tenants. Sits on 4.27 acres, so there is potential for additional buildings to be built on site for additional units. At this price, the cap rate is just over 10%. For more information: https://realtyww.info/homes/home-for-sale-in-madison-south-dakota_i10430559

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