Salem Multi-Family Properties

115 E Norton Ave 140 E Norton Ave Salem, SD

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Sale Price: $241,000

Building Size: 5,592 sq. ft.

Total Available Space: 5,592 sq. ft.

Property Type: Investment | Multi-Family

Year Built: 1968

Property Description

Duplex Features - 115 E. Norton Ave.

  • Each unit is two bedroom, one bath
  • Tenants responsible for electric and cable
  • Landlord responsible for sewer, water, heat, garbage, snow removal and lawn care
  • 1,576 total building sq. ft.
  • Built in 1969
  • Lot size is 5,940 sq. ft.
  • Washer & dryer in each unit
  • Prefer to be sold with 6-plex also listed for sale (see Salem six-plex) 140 E Norton

Six-Plex Features - 140 E. Norton Ave.

  • Ranch six-plex
  • Unit mix includes two 2-bedroom units and four 1-bedroom units
  • Washer & dryer in each unit
  • Tenants responsible for electric and cable
  • Landlord responsible for sewer, water, heat, garbage, snow removal and lawn care
  • 4,016 total building square feet
  • The 2-bedroom units have attached garages
  • Built in 1968
  • Lot size is 6,930 sq. ft.
  • Sale price includes a four-garage structure behind the property

Pricing

  • List price is $241,000
  • 2017 Real Estate Taxes: $5,290.20

Location

  • Located on E. Norton Avenue between N. Main Street & N. Dakota Street in Salem, SD
  • Salem is the County Seat of McCook County in South Dakota

Brokers

Craig Hagen, CCIM, SIOR

Senior Vice President

Office Phone: (605) 444-7115

Craig Hagen has been actively involved in the real estate industry for over 25 years, specializing in the leasing, sale, and development of commercial properties throughout Sioux Falls and the surrounding area. 

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Michael Martin

Broker Associate

Office Phone: (605) 444-7105

Michael joined the NAI Sioux Falls team in 2011 as our Commercial Property Manager.  In 2015 Michael transitioned to an Associate with NAI Sioux Falls.

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