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Sold for $525,000 on 05/31/24
  • $525,000

    12774 Highway 18 Byp, Hot Springs, SD 57747

    --beds
    --baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $536,400 Zestimate®
    $--/sqft
    $1,479 Estimated rent

    Owner options

    List your home for rent

    $1,479/mo

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    $1,479/mo

    Rent Zestimate®

    Refinance and save

    $3,244/mo

    Est. payment

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    $3,244/mo

    Est. payment

    What's special

    Great income opportunity with this 9 unit rental complex. Consisting of 6 manufactured homes, a small cottage, shop building, and a single camper site. The trailers have all been meticulously cared for and are in good condition. Location is right on the west end of Hot Springs. The rental market in Hot Springs is very tight and these units are a valuable asset for rental opportunities. Seller pays the water, and garbage. Waste is handled by three septic systems that will be pumped shortly. Tenants all pay their own electric. Seller is selling "as is, where is with no repairs or concessions". There is good growth potential with this property. Subject to buyer granting easement for the propane tank location at closing.

    Zillow last checked: 7 hours ago

    Listing updated: May 31, 2024 at 12:34pm

    Listed by:

    James Bultsma,

    Heartland Real Estate

    Bought with:

    Andrea Ronning

    Aspen+Pine Realty

    Source: Mount Rushmore Area AOR,MLS#: 79536MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 0

    Property

    Lot
    • Size: 3.21 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & neighborhood

    Location
    • Region: Hot Springs