1030-1032 1ST AVENUE NE, Watertown, SD 57201

$235,000
Property Type: Residential Income Bedrooms: 8 Baths: 2 Square Footage: 4,548 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $235,000 List Date: 8/05/2025 Last Modified: 11/10/2025

Overview

Description

Great investment opportunity in this huge twin home close to Lake Area so very easy to rent. Both units have 4 bedrooms and one bathroom plus a full basement that has a ton of storage. The units currently rent for 2050 a month and tenants pay their own utilities and the rents could definitely be raised. The units have been recently resided and new commercial doors added in the front plus new natural gas furnaces recently installed.Co listing agent is related to the seller.

Listing Details MLS# 43-282

Contract Information

Book Section
Multi Family
Record Number
9738
Begin Date
2025-08-04
Financing
Conv
Occupied By
Renter
Sign
Yes
Possession
Negotiable
City/Rural
City

General Property Description

Style
Twin Home
Realtor.COM Type
Multi-Family
Stories
2
Above Grade Sq. Ft
3052
Total SqFt.
4548
Year Built
1910
Acres
0.17
Above Grade Bedrooms
8
Total Bedrooms
8
Total Bathrooms
2
Baths - Full
2
Garage Type
None
Waterfront Y/N
No
Lake Name
None
Basement
Full
%Basment Finished
0

Remarks

Public Remarks
Great investment opportunity in this huge twin home close to Lake Area so very easy to rent. Both units have 4 bedrooms and one bathroom plus a full basement that has a ton of storage. The units currently rent for 2050 a month and tenants pay their own utilities and the rents could definitely be raised. The units have been recently resided and new commercial doors added in the front plus new natural gas furnaces recently installed.Co listing agent is related to the seller.

Location Tax and Other Information

House Number
1030-1032
Street Name
1ST
Street Suffix
AVENUE
Street Direction Sfx
NE
State/Province
SD
Postal Code
57201
County
Codington

Status Change Info

Status Change Date
2025-11-10
Under Contract Date
2025-10-04
Sold Date
2025-11-10
Selling Concessions
5000

More Information

Location, Tax and Other Information

Legal
E1/2 LOTS 5-6 PERRINS SUBD
Listing Office: JP REAL ESTATE
Last Updated: November - 10 - 2025
Information deemed reliable but not guaranteed.