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$429,000   Price Analysis
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105 N 5th St
Hot Springs, SD 57747
Unknown bed None bath 2,798 SqFt ($153/SqFt)
Built 1920
Listed 2024-06-16
USDA Eligible
near Hot Springs, SD
 Restrictions may apply
due to home size

Take a look at this completely remodeled historic triplex

Where sandstone charm meets modern convenience. This beautifully restored property offers three distinct units and is an exceptional opportunity for investors or those seeking a unique living arrangement. Enjoy peace of mind with updated electrical, plumbing, windows, doors and a brand-new rof with upgraded high impact shingles. Each unit has tall windows providing abundant natural light, creating a warm and inviting ambiance. The first unit is on the main level and offers two bedrooms, a large living room, dedicated dining area, big kitchen with walk-in pantry and enclosed porch.

The second and third units are located upstairs and are both comfortable, yet efficient, one-bedroom apartments. All units are metered separately and on-site laundry facilities add to the convenience. Being located within walking distanc e to downtown Hot Springs increases the promise of high rental demand and excellent investment returns. Live in one unit and rent out the others or lease all three for maximum income potential. Don't miss this rare opportunity to own a piece of history with all the modern amenities!


Presented by Christine Heidebrink at
Mt. Rushmore Properties & Vacation Rental Homes.
Listing Agent Photo

Property MLS #80613 from MountRushmoreAOR

Pet Restrictions
Common Washer/Dryer

Dishwasher
Refrigerator
Electric Range Oven
Washer
Dryer

Heating Features: Propane, Forced Air, Wall Furnace

Parking Features: Street Parking, Common

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1

School District: Hot Springs

Hot Springs Middle School - 06 is a public middle school located approximately 0.5 miles away.
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Hot Springs High School - 01 is a public high school located approximately 0.5 miles away.
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Hot Springs Elementary - 02 is a public elementary school located approximately 0.6 miles away.
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Bethesda Lutheran School is a private elementary school located approximately 0.5 miles away.
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Tenant Pays: Gas/Electric

Source Listing Status: ACTIVE
Directions: From stoplight at intersection of University Ave and Chicago St, go east on University to 5TH St and turn left. Continue to property on right. Watch for sign.
Source Property Type: MULTI-FAMILY
Area: Hot Springs
Source Neighborhood: Hot Springs
Owner Pays: Water/Sewer
Flood Plain: No
Property Subtype: Triplex
Source System Name: C2C

Listed 2024-06-16
$429,000
MountRushmoreAOR
Listing removed 2014-01-20
$195,000
SoBlackHills
Listed 2013-08-29
$195,000
SoBlackHills

Total Square Feet Living: 2798
Year Built: 1920
Building Exterior Type: Stucco, Vinyl Siding
Construction Materials: Frame
Foundation Details: Crawl Space, Stone Foundation
Property Age: 104
Roof: Composition
House Style: Up & Down
Total Area Sqft: 2798

Separate Meters
Individual Water Heaters
Individual Heat & Air

Security Features: Smoke Detectors
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.