1. South Dakota
2. Madison
3. 418 NW 1st St

418 NW 1st St, Madison, SD 57042

• 3 beds |
• 2 baths |
• 1,528 sqft

Property Description

Attention investors and flippers! Sold AS-IS, this property offers an opportunity with two separate homes that can provide multiple income streams or serve as a multi-generational living setup. The main house has 3 bedrooms and 2 bathrooms, with hardwood floors. It also offers large gathering spaces perfect for entertaining, and a newer boiler for efficient heating. No matter your plan for this property, this home provides a solid foundation with plenty of possibilities. The smaller house is a cozy 1-bedroom, 1-bathroom unit with an open-concept living room, dining room, and kitchen. This space is ideal for tenants seeking simplicity and convenience or could be used as a guest house or home office. With two income streams and the potential for added value through updates, this property presents a fantastic opportunity for investors or those looking for a multi-unit setup. It’s centrally located with easy access to local amenities and right off a couple of main arteries through Madison. Don’t miss out on this income-generating diamond in the rough!

Listing Status:

Active

Date Added:

May 22, 2025 at 12:00AM

Listing Office:

EXIT Realty Advantage : 605-556-7500

Listing Agent:

Angela J Peters : 605-999-3931

MLS ID:

22503872

Interior

• General: 3+ Bedrooms Same LevelFormal Dining Rm
• Rooms: See additional doc for rental house
• Master Bedroom: Wood floorUpper
• Kitchen: Hardwood floor
• Appliances: Ceiling FansDishwasherElectric Oven/RangeRefrigerator
• Dining: Hardwood floors
• Living Room: Hardwood floors
• Basement: Full
• Flooring: ConcreteVinylWood
• A/C: No AC
• Heating: Hot Water
• Fireplace: Wood BurningFireplaces: 1

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Angela J Peters, EXIT Realty Advantage