8 Baltimore Ave, Lead, SD â?? This recently remodeled duplex offers an excellent investment opportunity or the perfect live-in/rent-out option. Each unit features 3 spacious bedrooms, an updated full bath, large living areas, new appliances, modern floor coverings, and stylish updated fixtures. This historic property has been thoughtfully improved with new siding, asphalt shingles, windows, decks, and moreâ??making it virtually maintenance-free for years to come. Both units enjoy access to the unfinished basement with extra storage space and a brand-new washer and dryer. Located just one block off Main Street, less than a mile from the Sanford Underground Research Facility, and only minutes from Terry Peak Ski Area, this property offers both convenience and year-round appeal. Whether youâ??re looking to expand your rental portfolio or settle into one unit while generating income from the other, 8 Baltimore is a move-in-ready opportunity in the heart of the Black Hills.
Listed by Jeremy Kahler, KWBH, 605-381-7500. Great opportunity to add to your investment portfolio- 23 unit apartment complex with 100% occupancy in Lead, SD with consistent rental history and great potential to expand! *Property is all on one level, with zero-entry access for easy accessibility, and complies with most ADA requirements *This one building facility has 14 studio apartments, 6- 1 bed/1 bath units and 3- 2 bed/1 bath units *Each apartment has a kitchen/kitchenette space, bathroom with walk in shower and separate heating/cooling units *On-site coin operated laundry room *Safety features include: secured entry, video surveillance and an internal sprinkler system *Common spaces include: rest rooms, communal seating areas (inside and out), rec rooms and storage areas *Front office space for onsite management *Manicured exterior with sprinkler maintained lawn and landscaping, outdoor seating areas and a walkway around the building *Flat private parking lot (1 space/unit) plus 6 assigned covered parking spaces *Great potential to expand- property has multiple storage spaces, public restrooms, a commercial kitchen, set up for an in-house barber shop, and space for potential unit expansion. Centrally located behind Lynns Dakota Mart grocery store. **Seller will consider doing owner financing**
Lead is located in South Dakota. Lead, South Dakota has a population of 2,989. Lead is more family-centric than the surrounding county with 32.22% of the households containing married families with children. The county average for households married with children is 25.84%.
The median household income in Lead, South Dakota is $43,125. The median household income for the surrounding county is $56,166 compared to the national median of $69,021. The median age of people living in Lead is 52.5 years.
The average high temperature in July is 80.4 degrees, with an average low temperature in January of 12 degrees. The average rainfall is approximately 29.9 inches per year, with 134.4 inches of snow per year.
