Madison, SD

Home For Sale In Madison, South Dakota

Price: $950,000
City: Madison
State: SD
Amenities: Parking
Bathrooms: 2
Bedrooms: 4
Condition: Resale
Fee: No
Seller Type: By Owner
Provided By: ListedBuy


This unique property in Madison is a great rental property. The entire compound was completely renovated in 2016. Single family home on site with 4 bedrooms, 2 baths, and attached double garage, along with 3 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 details: realtyww. information/homes/home-for-sale-in-madison-south-dakota_i10430559

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