Description
Singer Team Realty's Investor Alert! Rare value-add triplex in the heart of historic Lead with approximately 3,456 sq. ft. (1,152 sq. ft. per level) offering outstanding cash-flow and equity-building potential. Previously producing solid rental income, this property is ideal for investors looking to expand a rental portfolio, renovate for increased returns, or create a custom income-producing asset.The upper apartment features 2 bedrooms, 1 bath, a spacious living room filled with natural light, and beautiful original wood trim and doors. The street-level apartment offers 2 bedrooms, 1 bath, convenient on-street parking, and a charming fenced patio with mature trees. The lower level has been demoed and is ready for your vision, with space for 3 bedrooms. The rear of the property offers ample off-street parking with legal access and room for a future carport or garage (buyer to verify). Flexible floor plan also allows the potential to convert back to a spacious single-family home. Conveniently located near downtown Lead, schools, shopping, dining, and year-round Black Hills recreation. Bring your vision and restore this classic 1939 property into a high-performing investment. Opportunities like this don't come along often! Listed by Christina Singer, Keller Williams Realty Black Hills | 605-920-1518
Details
| MLS # | 89718 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Uc-contingency-take Bkups |
| Year | 1939 |
| Days On Site | 65 |
| Listing Provided By | Keller Williams Realty Black Hills SP | Christina Singer |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,456 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.12 |
| Property View | Wooded Lot |
Interior
| Heating | Natural Gas |
|---|---|
| Interior | Carpet, Wood Floors, Vinyl Flooring, Ceiling Fan(s) |
| Windows | Bay Windows, Wood |
| Personal Property | Dishwasher, Refrigerator, Electric Range Oven, Microwave, Washer, Dryer, Window Coverings(Some) |
| Fireplace | Two |
| Laundry | Basement, Lower Level, Main Level |
Exterior
| Exterior | Paved Street |
|---|---|
| Roof | Metal |
| Construction | Block, Frame |
| Patioordeck | Open Patio, Open Deck |
Area Information
| State | SD |
|---|---|
| County | Lawrence |
| City | Lead |
| Zip Code | 57754 |
| Area | Lead |
| Subarea | Lead |
| Community Name | Moulton Terrace |
| School District | Lead/Deadwood |
| Listing VS Median (in Moulton Terrace) | |
Price: $264,900 low | high Med: $264,900 sqft: 3,456 low | high Med: 3,456 $ / sqft: $77 low | high Med: $77 On site: 65 low | high Med: 65 | |
Market Activity 57754
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Learn More About This Property
| State | SD |
|---|---|
| County | Lawrence |
| City | Lead |
| Zip Code | 57754 |
| Area | Lead |
| Subarea | Lead |
| Community Name | Moulton Terrace |
| School District | Lead/Deadwood |
| Listing VS Median (in Moulton Terrace) | |
Price: $264,900 low | high Med: $264,900 sqft: 3,456 low | high Med: 3,456 $ / sqft: $77 low | high Med: $77 On site: 65 low | high Med: 65 | |
 | $249,000802 Miners AvenueLead, SD 57754 |
 | $315,000815 W Main StreetLead, SD 57754 |