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142 S 5th Street

Hot Springs, SD 57747
  • $295,000
  • STATUS: Active Under Contract
  • ON SITE: 24 Days
  • MLS #: 75147
Under Contract
UPDATED: 58 min ago
$295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1890
Area:

School Ratings & Info

School District:

Description

The benefits of investing in duplexes are many. Duplex rentals provide monthly cash flow, they're affordable (two units in one transaction) and if you move into one side, tenants can help with the mortgage. There's also some opportunites for tax deductions. Hot Springs is short on rentals, so the timing couldn't be better. This Hot Springs duplex is affordably priced, not far from downtown and recent upgrades include new roof, new flooring, new footings, new gas meters and some light remodeling. Both units are three bedrooms and tenants pay for utilities which are metered separately. Both units have laundry hookups and are bright and updated. Units are leased at $1200/mo and leases go month to month after Nov. 2023 with one months rent for security deposit for each unit. Unit 142 is three bedrooms and one bath all on one level with a mud room/laundry area just off of kitchen. Unit 142 1/2 is a three bedroom, two bath on two levels with a roomy deck. Duplex is professionally managed and may continue if desired. Come take a look! Listed by Andrea Ronning, Owner/Broker, Aspen+Pine Realty, 605-517-1130. Tenants need 24 hours notice for showings so plan accordingly.

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© 2023 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dupont Real Estate Inc.. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Dupont Real Estate Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2023-03-21T19:44:46.237.
www.dupontrealestateteam.com/homes/137224870
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142 S 5th Street Hot Springs, SD 57747

  • Price: $295,000
  • Status: Active Under Contract
  • On Site: 24 Days
  • Updated: 58 min ago
  • MLS #: 75147
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1890
Built
Neighborhood:
Hot Springs
Area:
Hot Springs
School District:
Hot Springs
Property Description
The benefits of investing in duplexes are many. Duplex rentals provide monthly cash flow, they're affordable (two units in one transaction) and if you move into one side, tenants can help with the mortgage. There's also some opportunites for tax deductions. Hot Springs is short on rentals, so the timing couldn't be better. This Hot Springs duplex is affordably priced, not far from downtown and recent upgrades include new roof, new flooring, new footings, new gas meters and some light remodeling. Both units are three bedrooms and tenants pay for utilities which are metered separately. Both units have laundry hookups and are bright and updated. Units are leased at $1200/mo and leases go month to month after Nov. 2023 with one months rent for security deposit for each unit. Unit 142 is three bedrooms and one bath all on one level with a mud room/laundry area just off of kitchen. Unit 142 1/2 is a three bedroom, two bath on two levels with a roomy deck. Duplex is professionally managed and may continue if desired. Come take a look! Listed by Andrea Ronning, Owner/Broker, Aspen+Pine Realty, 605-517-1130. Tenants need 24 hours notice for showings so plan accordingly.
Exterior Features

Construction Block Exterior Features Paved Street Parking Covered ParkingStreet Parking Roof Composition Siding Wood Siding Style Side/Side

Interior Features

Basement Substructure Partial BasementCrawl SpaceWalkout Cooling None Entrance More Than 1/ApartmentPrivate Entrance Heating PropaneForced Air Number Of Units 2

Property Features

Auction YN No Documents On File LeasesProperty Disclosure For Sale Or Rent For Sale Miscellaneous Separate Meters Modular YN No Multi Family Property Type Duplex Owner Pays InsuranceReal Estate Taxes Personal Property RefrigeratorElectric Range OvenWindow Coverings (Some) Pets Allowed YN Yes Possession Other (Remarks)Subject To Tenant Safety Features Smoke Detectors Short Sale No Subdivision YN No Tenant Pays Gas/ElectricWater/Sewer Terms CashNew Loan Type Of Tenancy One Year Lease

[Mount Rushmore Area Association of Realtors] logoListing information © 2023 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Andrea Ronning of Aspen+Pine Realty: 605-517-1130.



© 2023 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dupont Real Estate Inc.. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Dupont Real Estate Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2023-03-21T19:44:46.237.
 
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Dupont Real Estate Inc.
1201 Mt. Rushmore Rd.
Rapid City SD, 57701