12774 Highway 18 Byp, Hot Springs, SD 57747
UNDER CONTRACT3.21 ACRES

12774 Highway 18 Byp
Hot Springs, SD 57747

  • Studio
  • Studio

$525,000

Est. Mortgage $3,249/mo*

Local Information

map showing home location
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Commute Destination

Description

Great income opportunity with this 9 unit rental complex. Consisting of 6 manufactured homes, a small cottage, shop building, and a single camper site. The trailers have all been meticulously cared for and are in good condition. Location is right on the west end of Hot Springs. The rental market in Hot Springs is very tight and these units are a valuable asset for rental opportunities. Seller pays the water, and garbage. Waste is handled by three septic systems that will be pumped shortly. Tenants all pay their own electric. Seller is selling "as is, where is with no repairs or concessions". There is good growth potential with this property. Subject to buyer granting easement for the propane tank location at closing.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
35 days ago

Home Details for 12774 Highway 18 Byp

Days on Market

Days on Market: 35

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: OtherArchitecture: Other

Price & Status

Price
List Price: $525,000

Active Status

MLS Status: UC-CONTINGENCY-TAKE BKUPS

Location

Direction & Address
City: Hot Springs
School Information
Elementary School District: Hot SpringsJr High / Middle School District: Hot SpringsHigh School District: Hot Springs

Agent Information

Listing Agent
Listing ID: 79536

Lot Information

Lot Area: 3.21 Acres

Miscellaneous

Mls Number: 79536Zillow Contingency Status: Under Contract
Last check for updates: about 18 hours ago
Listing courtesy of James Bultsma
Heartland Real Estate
Source: Mount Rushmore Area AOR, MLS#79536
Also Listed on Black Hills AOR.

Price History for 12774 Highway 18 Byp

DatePriceEventSource
04/17/2024$525,000ContingentMount Rushmore Area AOR #79536
04/16/2024$525,000PendingToActiveMount Rushmore Area AOR #79536
03/30/2024$525,000ContingentMount Rushmore Area AOR #79536
03/25/2024$525,000Listed For SaleMount Rushmore Area AOR #79536

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Comparable Sales for 12774 Highway 18 Byp

Address
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Sold Price
Sold Date
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1.76
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02/01/24
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6,336
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What Locals Say about Hot Springs

  • Andrew M.
    "Nice drive through the canyon to get to work, except for the brutal attic blasts that come through winter was enjoyable "
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LGBTQ Local Legal Protections

James Bultsma, Heartland Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
12774 Highway 18 Byp, Hot Springs, SD 57747 is a studio multi-family. This property is currently available for sale and was listed by Mount Rushmore Area AOR on Mar 25, 2024. The MLS # for this home is MLS# 79536.