Four, 4-Unit-Apartment Complexes in Irene & Volin, SD ABSOLUTE AUCTION

305 E. Turner St., Irene, SD 57037
In order to settle the estate of Gordon Sorensen, we will offer all these properties at ABSOLUTE AUCTION and will sell to the highest bidder regardless of price
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#1 – Property #1: 305 E. Turner Street & 313 E. Turner Street, Irene, SD.

Legal: Petersen’s Lot 4, Block 1, City of Irene, Turner County, SD. 2023 Taxes are $4,642.84. This property includes TWO, 4-Unit, split-level 34’x50’ apartment buildings that were built new in 1972 on a 174’x180’ Lot. 3 Units are 2-Bedroom, other is a 1-bedroom and all have full bathroom and includes the stove & refrigerator. All units have electric heat. Each building has a laundry room with a coin op washer and dryer that is included with the sale. Both of these buildings have newer steel roofs.
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Sold
High Bid:
$196,000.00

#1 – Property #1: 305 E. Turner Street & 313 E. Turner Street, Irene, SD.

Sold

High Bid: $196,000.00

More Details

More Info / Bid Track Item

Legal: Petersen’s Lot 4, Block 1, City of Irene, Turner County, SD. 2023 Taxes are $4,642.84. This property includes TWO, 4-Unit, split-level 34’x50’ apartment buildings that were built new in 1972 on a 174’x180’ Lot. 3 Units are 2-Bedroom, other is a 1-bedroom and all have full bathroom and includes the stove & refrigerator. All units have electric heat. Each building has a laundry room with a coin op washer and dryer that is included with the sale. Both of these buildings have newer steel roofs.

#2 – Property #2: 116 E. Park Street, Irene, SD.

From Pump & Stuff Gas Station—2-Blocks South, 2 1/2-Blocks East. Legal: Lot 1, Block 1, Sunset Addition, City of Irene, Clay County, SD. 2023 Taxes $1,468.68. This property is a single 4-unit, 50’x33’ split-level apartment building built in 1972. 3 Units are 2-Bedroom, other is a 1-bedroom and all have a single bath and includes the stove and refrigerator. All units have electric heat. There is a community laundry room with coin-op washer & dryer included with the sale. (NOTE--the larger apartment building to the east of this property is NOT being sold). The Irene apartments, Properties #1 & #2, average rent is $550 per unit with nearly full occupancy.
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Sold
High Bid:
$80,000.00

#2 – Property #2: 116 E. Park Street, Irene, SD.

Sold

High Bid: $80,000.00

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From Pump & Stuff Gas Station—2-Blocks South, 2 1/2-Blocks East. Legal: Lot 1, Block 1, Sunset Addition, City of Irene, Clay County, SD. 2023 Taxes $1,468.68. This property is a single 4-unit, 50’x33’ split-level apartment building built in 1972. 3 Units are 2-Bedroom, other is a 1-bedroom and all have a single bath and includes the stove and refrigerator. All units have electric heat. There is a community laundry room with coin-op washer & dryer included with the sale. (NOTE--the larger apartment building to the east of this property is NOT being sold). The Irene apartments, Properties #1 & #2, average rent is $550 per unit with nearly full occupancy.

#3 – Property #3: 100 Grant Ave, Volin, SD.

From Kavern’s Bar—2-Blocks North, 2-Blocks west. Legal: N 128’ W100’ Lot B, Fairview 3rd Addition, City of Volin, Yankton County, SD. 2023 Taxes are $709.98. This property is a single 4-unit, 58’x25’ split-level apartment building built in 1972 on a 100’x128’ lot. All units are 1-Bedroom units and have a single bath and includes the stove and refrigerator. All units have electric heat. There is a community laundry room with coin-op washer & dryer included with the sale. There is an older 15’x24’ garage on the property that is included with this sale. This building has an average rent of $400 per unit.
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Sold
High Bid:
$75,000.00

#3 – Property #3: 100 Grant Ave, Volin, SD.

Sold

High Bid: $75,000.00

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From Kavern’s Bar—2-Blocks North, 2-Blocks west. Legal: N 128’ W100’ Lot B, Fairview 3rd Addition, City of Volin, Yankton County, SD. 2023 Taxes are $709.98. This property is a single 4-unit, 58’x25’ split-level apartment building built in 1972 on a 100’x128’ lot. All units are 1-Bedroom units and have a single bath and includes the stove and refrigerator. All units have electric heat. There is a community laundry room with coin-op washer & dryer included with the sale. There is an older 15’x24’ garage on the property that is included with this sale. This building has an average rent of $400 per unit.

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