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Listed byChristine Heidebrink • Black Hills Best Realty
$ 540,000
Est. payment /mo
New
603 JENSEN HWY Hot Springs, SD 57747
8 Beds
UPDATED:
Key Details
Property Type Residential Income
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 88935
Bedrooms 8
HOA Y/N No
Lot Dimensions .18 Acre
Property Sub-Type Other
Property Description
Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you're looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.
Location
State SD
Area Hot Springs
Zoning Conforming
Direction From the stoplight intersection of University Ave and Chicago St, head south on Chicago St. Property will be just past Lynn's Dakotamart on the left.
Interior
Interior Features All Units
Heating Electric
Cooling Wall Unit(s)
Exterior
Exterior Feature Private Entrance
Parking Features Assigned
View Y/N Yes
Roof Type Metal
Garage No
Building
Sewer City (at site)
Water Public
Others
Security Features Smoke Detector(s)
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
ARNIE + TINA SHARP
Phone