19-Unit Apartment Building at Auction
Thursday September 26th, 6:00 p.m.
Located: 417 Mulberry Street, Yankton, SD.
Legal: N 42’ of Lot 16 and all Lots 17 & 18, Block 28 AND S 12.1’, E 26.2’ S2 Lot 2 & E 26.2’, Lot 3, Block 28, Lower Yankton, SD. Taxes are $2,723.00.
This classic, L-Shaped, stone apartment building was built in 1926. Originally designed as a 20-unit apartment, but 2 units have been combined so now is a considered a 19-unit. This complex needs complete renovation; however does have a new roof and gutters. There is off-street parking on the west side of the property along with a garage unit that also needs renovation. This property has the potential to be a fantastic apartment complex once renovated and may qualify for historical preservation assistance. Please contact the auction company to view this property.
Terms: $10,000 non-refundable down payment due the day of auction with the balance due on closing with closing costs split 50/50 between buyer and seller. Full possession on closing. Closing on or before November 1st, 2019. Yankton County Title Company, Closing Agent. Taxes prorated to the day of closing, c. Auctioneers are acting as agents for the seller.
Brooks Woehl, Owner