3-Plex in Watertown
416 4th St NW | Watertown, SD 57201-2332, US
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Introducing an exceptional opportunity for multifamily/mid-rise investors in the heart of Watertown, SD. This historic, 2, 800 SF property, originally built in 1907, comprises three units and enjoys a prime location in the desirable Watertown area. Currently boasting 100% occupancy, the property represents a stable and attractive investment with immediate income potential. With its classic charm and solid rental history, this property presents a unique chance to acquire a piece of Watertown's history while enjoying strong rental demand in an established and thriving community.
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Located in the heart of Watertown, SD, this area offers a vibrant blend of commercial and residential spaces. Just moments from the property, visitors can explore the historic downtown district, home to local shops, restaurants, and businesses. Watertown is known for its strong sense of community and its abundance of outdoor recreational opportunities, including the nearby Lake Kampeska. With easy access to popular landmarks like the Bramble Park Zoo and the Terry Redlin Art Center, the area provides a balanced mix of urban conveniences and natural beauty, making it an ideal location for office and office building investors seeking a dynamic and thriving community.