For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. The Russell Street Duplexes located in the Commons at the Reserve in Spearfish are your modern-day fully appliance furnished apartment style, upstairs & downstairs units serve as a fantastic investment opportunity! Each duplex has 836 sq ft providing adequate living space, presenting an open concept layout with large stationary island complimented with 2 bedrooms (one ensuite), 2 full bathrooms and laundry room. Each unit has a deck/patio and off-street parking spaces. These units run at 100% occupancy since they were completed. Currently the site has 7 buildings with a total of 14 units - but the full development is approved for 21 structures (42 units) in all. Call today!
The Russell Street Duplexes located in the Commons at the Reserve in Spearfish are your modern-day fully appliance furnished apartment style, upstairs & downstairs units serve as a fantastic investment opportunity! Each duplex has 836 sq ft providing adequate living space, presenting an open concept layout with large stationary island complimented with 2 bedrooms (one ensuite), 2 full bathrooms and laundry room. Each unit has a deck/patio and off-street parking spaces. These units run at 100% occupancy since they were completed. Currently the site has 7 buildings with a total of 14 units - but the full development is approved for 21 structures (42 units) in all. Call today!
Turn Key Investment Property on a corner lot in beautiful Spearfish South Dakota! This well maintained Tri-Plex is located right off of Main Street in a quiet neighborhood and is within walking distance to all Spearfish has to offer. Unit # 1 is a 4 bedroom, 2 bath unit that offers a washer/dryer and dishwasher as well as refrigerator and range/oven. Unit # 2 is a 1 bedroom, 1 bath unit that comes equipped with a washer, dryer, refrigerator and range/oven. Unit # 3 is a 2 bedroom, 1 bath unit that that comes equipped with a refrigerator and range/oven. This unit has the option for a washer/dryer with hook ups available. This tri-plex has updated electrical throughout. There is a two car garage on the property that could be rented with one of the units or used as storage. There are also two large sheds on the property that allow tenants extra storage if needed. This type of investment opportunity doesn't come along often! If it's your first time buying a rental property or you are
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.
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!!
Spearfish is located in South Dakota. Spearfish, South Dakota has a population of 12,031. Spearfish is more family-centric than the surrounding county with 27.75% of the households containing married families with children. The county average for households married with children is 25.84%.
The median household income in Spearfish, South Dakota is $52,258. 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 Spearfish is 36.8 years.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 21.3 inches per year, with 56.4 inches of snow per year.
