Multi-Family Property for Sale
612 & 618 7th Ave West, Mobridge, SD
Call for Price
 
Property Note:  A great investment opportunity in a stable community that offers all the amenities of life on the Missouri River.  Mobridge is well known as a great place for fishing and boating on Lake Oahe, hunting the prairies, camping in the parks and so much more.
 
Contact:  Kristen Gill at 701-934-2732 for more information.
 

Address: 612 & 618 7th Ave West, Mobridge, SD
Legal:  Lots 1-6, Block 40, Northwest Townsite Company’s Third Addition to the City of Mobridge, SD
Taxes (2014):  $16,500
 
 
Property Features:
Lot size: 42,000 sq. ft. (.96 acres)
Exterior Features: Three-story, garden style design and brick exterior
 
Property Overview: Unit mix includes two buildings which together have 23,844 sq. ft. and contain twenty-five 2-bedroom units, five 1-bedroom units and three efficiency units, two of which are fully furnished and the third is currently used an office. 
 

Each unit has own off-street parking space on hard surfaced parking lot, plus ample on-street parking available.

Recent updates include new water heater, new carpet and LED lighting in hallways and new flooring in laundry room.

Landlord in process of updating apartments; a handful already complete, including appliances, flooring, walls and bathroom fixtures.

Tenants is responsible for electric and cable.

Landlord is responsible for heat, water, sewer, garbage, snow removal and lawn care.

8’ X 28’ (224 sq. ft.) storage shed included.

Common laundry room in each building.

Built in 1965 (Riverview) and 1967 (Riverside).

 
612 7th Ave W (Riverside): This building offers 18 units, consisting of 17 2-bedroom units and 1 1-bedroom unit, for a gross building area of 13,482 sq. ft.
 
618 7th Ave W (Riverview): This building offers 15 units, consisting of eight 2-bedroom units, four 1-bedroom units and three efficiency units, for a gross building area of 10,362 sq. ft.
 
 
 
 
Pifer’s Auction & Realty obtained information from sources deemed reliable, but does not guarantee its accuracy. Pifer’s encourage due diligence of property and related information by prospecive buyers. Pifer’s Auction & Realty, 1506 29th Ave South, Moorhead, MN 56560.