721 University St

Spearfish SD 57783

4127 sq. ft.

0.32 ac.

Multi-Family

Last sold for $315,000

Holly Glatt, last sold this property on 20 June 2019 after 5 days on market.

Overview

Incredible investment opportunity in the beautiful town of Spearfish- home of BHSU and voted "Best Small Town in South Dakota" by Thrillist in 2017! This tri-plex, located in the heart of Spearfish and just 4 blocks from the BHSU campus, offers a great return on investment and low vacancy rate. Metered separately for gas & electric, which tenants pay. Units on the main level have been nicely updated and both include 3 bed, 2 bath with washer/dryer (hookups), dishwashers, and separate entrances. Upper level unit has 1 bed, 1 bath, great living space, washer/dryer, storage closet and separate entrance. Wonderful charm plus upgraded finishes and materials used throughout! Currently, all units are pet & smoke free, well maintained, and full occupancy. Plenty of off street parking on the side & rear of property. Rental rates could be increased as leases expire, current owners do not charge for the 1 car garage but that could offer additional income as well. Buyer & buyer's agent to verify MLS information and measurements

Features

7 bedrooms

5 bathrooms

4127 sq. ft. floor area

0.32 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Spearfish over the last 12 months.

Property history for 721 University St

2019

Sold

$315,000

20 Jun 2019 by Holly Glatt

Happy sellers in Spearfish

We have insufficient information to provide an overview of customer satisfaction for Spearfish. Viewing the agent profiles, reviews and sales for Spearfish can provide insights for this location.