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210 Center St Center St W, Madison, SD 57042

$2,500,000

  • MLS# 827636
  • Bedrooms N/A
  • Bathrooms 1
  • Total Sq.ft 52,044
  • Property Type Multi-Unit
  • Year Built 1920

Property Description

The Heritage High Apartment complex is a newly renovated apartment building located just blocks away from restaurants, shopping centers, and other local amenities. The unit mix is composed of six one-bedroom apartments, and twenty-five two bedroom apartments. The historical building has had major capital improvements on top of being completely renovated in 2020. Other improvements over the years include a new clay tile roof with a 75 year warranty, parking lot to the West has been recently resealed and striped, and $200,000 has been invested into the underground parking garage in 2024. This improved property can produce additional revenue through the 14 coin-operated washers/dryers, rent increases, cable fees, and parking fees on the 31-spot underground parking garage. Note: All SF are estimated.

Legal: LOT B1 HERITAGE ADD #60M
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Property Information

  • 827636
  • $2,500,000
  • 210 W Center St
  • Surrounding Areas/Other Areas
  • Madison
  • Lake
  • SD
  • Sale
  • Multi-Unit
  • 52044
  • 31
  • 72
  • 1920
  • 1
  • 57042
  • 18654

LISTED BY

Gateway Real Estate Advisors, Nic Madsen (712.540.6562)

Property Location

Request Info For MLS #827636

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