SoldJun 21, 2019

Listed by Holly Glatt

721 University St, Spearfish, SD, 57783

$315,000

7
5
4127 sq. ft.
0.32 ac.

MultiFam

6 days on the market

Sold: Jun 21, 2019

What's around 721 University St

About this property

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

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Seller's review

almost 7 years ago

Holly did a wonderful job selling our property

Holly did a wonderful job selling our property. She was in constant contact with us and explained every detail and recommendation expertly. We received what we were asking and the property sold in just two weeks.

H
Hausauer7
Seller

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