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$ 430,000
Est. payment /mo
Active
101 E Summit St Lead, SD 57754-0000
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Original Town
MLS Listing ID 173705
Style 2 Story
Year Built 1901
Property Sub-Type Fourplex
Property Description
Prime Investment Opportunity! This fully updated fourplex is a high-performing income property with excellent cap rate and strong rental history. Recent renovations include new siding, shingles, gutters, and more—offering peace of mind and low-maintenance ownership. Ideally located on a corner lot with flat, concrete surroundings and ample street parking, it's directly across from the lab, providing a steady source of tenants. The property features two spacious 2-bedroom units and two well-maintained 1-bedroom units, all with long-term tenants in place. Bonus perks include a shed for extra storage, a balcony, and small private yard spaces. Rarely vacant and consistently generating solid income, this is a fantastic addition to any portfolio!
Location
State SD
County Lawrence
Area Northern Hills
Zoning Conforming
Interior
Heating Forced Air
Cooling Other
Exterior
Roof Type Composition
Building
Foundation Crawl Space
Sewer City
Water City
Listed by REAL BROKER - SPEARFISH