230 N Main Street Spearfish, SD 57783
Call or Text Listing Agent - Kade Welfl - The Real Estate Center of Spearfish - 605-210-0010 for more information. 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 managerâs 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. Buyer is responsible for verifying all information on this MLS document.
- Property TypeMulti-Family
- NeighborhoodOriginal Town
- CountyLawrence
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site34 Days
- MLS StatusActive
- MLS ID Number81297
- Home Size Source N/A
- Year Built1955
- Lot Size0.64 Acres
- Full Baths31
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 230 N Main Street Spearfish, SD 57783
7 days ago | |
a month ago |
Don't miss a thing!
Get updates on new activity for this listing