Duplex or single family home. Located across from Black Hills State. Not currently a duplex or rental. RARE FIND! Creek side property! Yes, this property borders Spearfish Creek with water rights for irrigation. Beautiful back yard with lots of fruit trees: 4 pear, 2 cherry, 1 mulberry, 4 apple, 3 apricot, 3 plum, 2 peach and 1 walnut. Located across from BHSU. 4 bedrooms and 3 baths. Great addition was added in approx. 1980. It captures the incredible views of the backyard. This property has a separate entrance to a 2 bedroom basement apartment. There are 2 egress windows in the basement. New water heater in 2024. Seller has recently added leaf guard to the gutters with warranty. The seller has just rebuilt the back deck in 8-2024 w/ treated lumber. The seller will be leaving the beautiful wood stove in family room, it does a great job in the winter as a backup heat source. Bamboo wood floors in front living room and bedroom. Since seller has owned the house they have added all new Anderson windows on the main level with a lifetime guarantee. Most all of the ceilings have been painted with thermic baric paint which helps with insulation & sound. Seller also added a brushless solar attic fan for cooling. Class 4 shingles (lower premiums) were added in 2020. Main bathroom has new tile added over the bathtub. Most of the plumbing & electric has been updated. The house is not in the flood plane and doesn't required flood insurance, however, the back lot is in the flood plane.
This 31-unit apartment complex is located on Main Street in the heart of Spearfish, SD. The property includes 4 separate buildings that are situated on 4 city lots with a total land area of .64 acres and 8,685 square feet of finished space. Current rental rates range from $625-$850/month with a gross monthly rental income potential of $22,375 ($268,500 annual) at 100% capacity. The owner pays for electricity, gas, city water and city sewer. This is one of the few pet-friendly complexes in Spearfish, which has created strong demand for the units. With the exception of the 824 square foot, 1 bed, 1 bath managerâ??s suite and office, 30 of the 31 units are studio apartments. There is a large laundry room generating additional income. With more than 1/2 acre of land and 200 feet of frontage on the main corridor through Spearfish, the value of this property will continue to appreciate overtime and the commercial uses will remain endless.
SELLER IS OFFERING A $29,000 BUYER ALLOWANCE WITH ACCEPTABLE OFFER! Welcome to this historic Queen Anne style home with exceptional income potential! Currently used a single-family residence, this property features a main floor unit with 2-bedrooms, 1-bathroom and three individual studio apartments! This property has endless options including short-term rentals, a bed and breakfast, or multi-family living. Recent upgrades include new exterior and interior paint, a new roof, and luxury vinyl flooring. Transform this charming home into a lucrative income-producing asset today! Listed by Madison Reeves, Keller Williams Realty Black Hills - Spearfish
Listed by Stacy Domogalski 307-680-5921 Keller Williams of the Black Hills. You won't want to miss out on this amazing investment opportunity. A total of 7 units nestled on 1.41 acres located in North part of Spearfish. Just minutes from downtown, Major schools and right across the street from the Black Hills Power Sports Complex. All 6 units have been completely remodeled.
HUGE PRICE SLASH!!! VERY MOTIVATED SELLER-- MAKE AN OFFER! BEAUTIFUL 1900 VICTORIAN HOME & QUAINT CARRIAGE HOUSE FOR INVESTMENT OR HOME! The VICTORIAN HOME is a unique property built in 1900 and is currently used as a vacation rental. There are a total of 8 bdrms, 4.5 baths, with two separate living spaces, and an attached two car garage. The main home has six bedrooms/3.5 baths; and the adorable sunlit basement apartment has 2 bedrooms/1 bath. There is a door for access to the apartment from inside the main home if wanting to combine the spaces, or it can be accessed by its own separate entrance from the west side of the house. The main portion of this home has central air on the 2nd floor and attic loft, and wall & window A/C units for the main floor. The HVAC system was new in 2017; New roof, gutters and paint in July 2021. Property is within a couple blocks walking distance to downtown Spearfish. This Home is sold turn-key!!
HUGE PRICE REDUCTION!!! VERY MOTIVIATED SELLER! BEAUTIFUL AND UNIQUE VICTORIAN HOME FOR INVESTMENT PROPERTY OR MAKE IT YOUR HOME!! This unique property was built in 1900 and is currently used as a vacation rental. There are a total of 8 bdrms, 4.5 baths, with two separate living spaces. The main home has six bedrooms/3.5 baths; and the quaint and sunlit basement apartment has 2 bedrooms/1 bath. There is a door for access to the apartment from inside the main home if wanting to combine the spaces, or it can be accessed by its own separate entrance from the west side of the house. The main portion of this home has central air on the 2nd floor and attic loft, and wall & window A/C units for the main floor. The HVAC system was new in 2017; New roof, gutters and paint in July 2021. Property is within a couple blocks walking distance to downtown Spearfish. Home is sold turn-key!! Both main home and basement apartment are fully furnished and ready to go.
Spearfish is located in South Dakota. Spearfish, South Dakota has a population of 11,300. Spearfish is more family-centric than the surrounding county with 30.6% of the households containing married families with children. The county average for households married with children is 28.39%.
The median household income in Spearfish, South Dakota is $43,692. The median household income for the surrounding county is $49,275 compared to the national median of $57,652. The median age of people living in Spearfish is 32.5 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 22 inches per year, with 101.2 inches of snow per year.
