$810,000
$850,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
807 Almond St Hot Springs, SD 57747
Key Details
Sold Price $810,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Subdivision Sulphur Springs Addn
MLS Listing ID 156361
Sold Date 05/12/22
Style 2 Story
Year Built 1900
Property Sub-Type Multiplex
Property Description
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.
Location
State SD
Area Southern Hills
Zoning Conforming
Interior
Heating Electric
Cooling Window
Exterior
Roof Type Composition
Building
Foundation Basement
Sewer City
Water City
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