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$ 219,000
Est. payment | /mo
3 Beds
1,460 SqFt
$ 219,000
Est. payment | /mo
3 Beds
1,460 SqFt
Key Details
Property Type Multi-Family, Residential Income
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,460 sqft
Price per Sqft $150
MLS Listing ID 181152
Bedrooms 3
HOA Y/N No
Year Built 1946
Lot Dimensions 37.5' x 140'
Property Sub-Type Duplex
Property Description
This legal nonconforming up/down duplex with a walk-out basement has been recently updated with a new roof & hot water heater in 2025 & a new basement wall heater in 2024. Unit 1 upstairs features 2 bedrooms, 3 off-street parking spaces, and a fenced front & side yard. Unit 2 downstairs features 1 bedroom, lots of extra storage, 2 off-alley parking spaces, and a fenced back yard. There is no interior stairway connecting the two units, but the rent from unit 2 could offset a substantial portion of the mortgage for anyone wanting to live in unit 1. Unit 1 tenants are leaving by 9/30/26, but have paid $940/mo the past 2 years; unit 2 tenant (Section 8 subsidized) would like to stay with her 2 cats and currently pays $825/mo (including $60/mo in pet rent). Both units have laundry hookups, but tenants supply their own washer & dryer. Upstairs tenant owns the window AC units, but downstairs window AC unit conveys with purchase. Actual income & expenses for 2025 are listed, but current rents are below market rates to minimize vacancy. Seller is willing to consider concessions to the Buyer. Listing Agent is an officer of the LLC holding this property.
Location
State SD
County Pennington
Area Other
Zoning Non-conforming
Direction From North St/I-190, W on North St, N on Nickel St, W on Silver St to address (on right side of street)
Interior
Interior Features Kit/DR Combo
Heating Forced Air
Cooling None
Window Features Window Coverings
Exterior
Exterior Feature Private Entrance
Parking Features See Remarks
View Y/N No
Roof Type Composition
Garage No
Building
Foundation Block
Listed byTHE REAL ESTATE GROUP, INC.