REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 540,000
Est. payment | /mo
2,016 SqFt
$ 540,000
Est. payment | /mo
2,016 SqFt
Key Details
Property Type Commercial, Commercial Sale
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $267
MLS Listing ID 89071
HOA Y/N No
Year Built 1963
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions Less than 0.5
Property Sub-Type Commercial
Property Description
Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you're looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.
Location
State SD
County Fall River
Area Hot Springs
Zoning General Commercial
Exterior
Parking Features 1-10
View Y/N No
Roof Type Metal
Listed byBlack Hills Best Realty