438 S 14th Street, Hot Springs, SD 57747
438 S 14th Street, Hot Springs, SD 57747
438 S 14th Street, Hot Springs, SD 57747
36
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Listed byFaith C Lewis • Lewis Realty
$499,000
Est. payment /mo
8 Beds
5,160 SqFt
Active

438 S 14th Street Hot Springs, SD 57747

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,160 sqft

Price per Sqft $96

MLS Listing ID 90237

Style SCHEIBE SUBDIVISION

Bedrooms 8

HOA Y/N No

Lot Dimensions 0.3 ac

Property Sub-Type Quadruplex

Property Description

CHARMING 4-PLEX in EXCELLENT LOCATION across from BUTLER PARK in the great town of Hot Springs. 100% occupancy for forever, with 3 units having same tenants 8 years or longer. Apartment 1 is currently available, and owner is keeping it open for a month or two to sell the fourplex in case the new owner wants to live on site. Good income opportunity by either renting out all 4 units for optimal profit or live in one yourself and bring in some income from the remaining 3. All units have the same floor plan with spacious kitchen, dining, and living room up, and 2 large bedrooms and 1 bath in the garden level basement. Apartment #4 features a bonus sun room area up and extra generous bedroom down. Each unit hosts its own laundry hook-ups. Units #1-3 each have access to 1 garage stall each, while Unit #4 gets 2 garage stalls. New roof, newer aluminum siding, low-maintenance Trex decking, and underground sprinkler system. Some new appliances and paint. Rents are currently below market, as the tenants have been there so long, and #1 would be rented for $1,100. Renters pay their own electric, and 3 are still on separate water meters. Across from Butler Park, very near the library, and all the small town amenities of this charming Southern Black Hills town! Come take a look! :)

Location

State SD

Area Hot Springs

Direction Take University to 16th St. Take a left on 16th St to Canton Ave and continue for a couple blocks. Right onto 14th St., watch for sign. Straight across from Butler Park!!

Interior

Interior Features All Units

Exterior

Exterior Feature Balcony/Deck

View Y/N Yes

Building

Sewer City (at site)

Water Public

Architectural Style SCHEIBE SUBDIVISION

Others

Security Features Smoke Detector(s)

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Jarred Curry
Jarred Curry

Broker Associate

+1(605) 939-0990 | realtorjarred@gmail.com

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438 S 14th Street