106 South Chicago Hot Springs SD 57747

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entire Black Hills region!

Property Information
Price $850,000.00

MLS
#156361
Price
$850,000.00
Type
Multiplex
Style
Multiplex
Area
Southern Hills
Subdivision
SULPHUR SPRINGS ADDN
Number of Units
13
Number of Acres
.58
Lot Size
.58
Year Built
1900

807 ALMOND ST, Hot Springs

This fantastic, historic property was home to a family doctor in its early days, and in 1920, the second story was added as an expansion to the space. Located with incredible views overlooking part of downtown Hot Springs, this property is always in demand and the vacancies are typically filled quickly. Driving up to the property, you will immediately see the old-world charm that makes it such a fun property to own. There are nine 1-bed 1-bath apartments and three 2-bed 1 bath apartments. There is also a garage and then a couple of carports that bring in additional income. There is a laundry room on-site with seller-owned coin-op machines. Some of the area adjacent to this laundry room used to be what looks like a wood or tinker shop. This could be leased out as well with some creativity...or perhaps create an additional apartment space for lease! 7.5 cap! Listed by Randy Olivier, REMAX Advantage, 605-430-6246 & Trevor Johnson, The Real Estate Group, 605-431-2032.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Re/Max Advantage, Agent: Olivier, Randy
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706