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$ 264,900
Est. payment /mo
Active
209 Terraville Ave Lead, SD 57754
3 Baths
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Moulton Terrace
MLS Listing ID 89718
Style Three Level
Full Baths 3
Year Built 1939
Lot Size 5,227 Sqft
Property Sub-Type Single Family
Property Description
Singer Team Realty's Investor Alert! Rare value-add triplex in the heart of historic Lead with approximately 3,456 sq. ft. (1,152 sq. ft. per level) offering outstanding cash-flow and equity-building potential. Previously producing solid rental income, this property is ideal for investors looking to expand a rental portfolio, renovate for increased returns, or create a custom income-producing asset.The upper apartment features 2 bedrooms, 1 bath, a spacious living room filled with natural light, and beautiful original wood trim and doors. The street-level apartment offers 2 bedrooms, 1 bath, convenient on-street parking, and a charming fenced patio with mature trees. The lower level has been demoed and is ready for your vision, with space for 3 bedrooms. The rear of the property offers ample off-street parking with legal access and room for a future carport or garage (buyer to verify). Flexible floor plan also allows the potential to convert back to a spacious single-family home. Conveniently located near downtown Lead, schools, shopping, dining, and year-round Black Hills recreation. Bring your vision and restore this classic 1939 property into a high-performing investment. Opportunities like this don't come along often! Listed by Christina Singer, Keller Williams Realty Black Hills | 605-920-1518
Location
State SD
County Lawrence
Area Lead
Interior
Heating Natural Gas
Flooring Carpet, Hardwood, Sheet Vinyl
Exterior
Parking Features None
Fence Partial, Privacy
View Trees
Building
Foundation Concrete Block, Crawl Space, Partial Basement, Poured Concrete, Unfinished
Schools
School District Lead/Deadwood
Listed by Keller Williams Realty Black Hills SP