FOR SALE1.01 ACRES
7 Rodeo St
Deadwood, SD 57732
- 20 Beds
- 12,160 sqft (on 1.01 acres)
- 20 Beds
- 12,160 sqft (on 1.01 acres)
20 Beds
12,160 sqft
(on 1.01 acres)
Local Information
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Commute Destination
Description
Rare Investment Opportunity "KOPPER KEY APARTMENTS" in Historic Deadwood: This exceptional 20-unit apartment complex on Rodeo Street, nestled in the heart of Deadwood's historic allure, is a golden opportunity for savvy investors. Offering a mirrored layout of 1-bedroom, 1-bathroom units, including one ADA-compliant unit, this property combines accessibility with appeal. The amenities, including zero-entry access and individual locked storage closets in the common area, enhance tenant satisfaction. Additionally, each building within the complex features its own coin-operated laundry facilities, providing added convenience for residents and an additional income stream for property owners. Recent unit renovations and fresh exterior paint (as of September 2023) add to the property's appeal. With current rents ensuring a strong cash flow, coupled with a consistent historical 100% occupancy rate (The only time there are vacancies are when there are units being updated) and a usual waitlist due to its prime Deadwood location, This investment now boasts increased security along with a recent rent hike to $995.00 for all renters or tenants, capitalizing on its high demand and previously below-market rental prices, thereby enhancing your return on investment.". Don't miss out on this remarkable investment in the perfect Deadwood location! . Listed by Jeffery Christians, Real Broker LLC, and co-listed by Beth Staeckeler, Real Broker LLC, 631-902-6095
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$214
Listed
180+ days ago
Home Details for 7 Rodeo St
Interior Features |
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Beds & Baths Number of Bedrooms: 20 |
Dimensions and Layout Living Area: 12160 Square Feet |
Heating & Cooling Heating: BaseboardHas CoolingAir Conditioning: Window Evap.Has HeatingHeating Fuel: Baseboard |
Gas & Electric Electric: Breaker |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
Security Security: Smoke Detector(s) |
Exterior Features |
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Exterior Home Features Roof: MetalOther Structures: Shed(s) |
Frontage Road Surface Type: Paved |
Days on Market |
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Days on Market: 180+ |
Property Information |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Frame, Wood Siding |
Property Information Included in Sale: All Units, Some Units |
Price & Status |
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Price List Price: $2,599,000Price Per Sqft: $214 |
Status Change & Dates Possession Timing: Negotiable |
Active Status |
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MLS Status: ACTIVE |
Location |
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Direction & Address City: Deadwood |
School Information Elementary School District: Lead/DeadwoodJr High / Middle School District: Lead/DeadwoodHigh School District: Lead/Deadwood |
Agent Information |
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Listing Agent Listing ID: 77949 |
Lot Information |
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Lot Area: 1.01 Acres |
Offer |
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Listing Terms: Cash, New Loan |
Business |
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Expense Tenant Pays: Gas/Electric |
Miscellaneous |
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Mls Number: 77949 |
Last check for updates: about 6 hours ago
Listing courtesy of Jeffery Christians
Real Broker Spearfish
Beth Staeckeler
Real Broker Spearfish
Source: Mount Rushmore Area AOR, MLS#77949
Price History for 7 Rodeo St
Date | Price | Event | Source |
---|---|---|---|
11/30/2023 | $2,599,000 | PriceChange | Mount Rushmore Area AOR #77949 |
10/02/2023 | $2,699,000 | Listed For Sale | Mount Rushmore Area AOR #77949 |
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Comparable Sales for 7 Rodeo St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.85 | Multi-Family Home | $300,000 | 07/03/23 | - | 1,930 | ||
0.86 | Multi-Family Home | $337,500 | 01/05/24 | - | 2,139 | ||
3.27 | Multi-Family Home | $313,000 | 12/09/23 | 5 | - | 2,084 | |
3.31 | Multi-Family Home | $226,000 | 12/01/23 | 5 | - | 2,535 | |
3.32 | Multi-Family Home | $235,000 | 08/28/23 | 4 | - | 1,806 |
What Locals Say about Deadwood
- rcwiss
- 10y ago
"The Deadwood and Lead area is a great place to raise your kids. The School system is excellent and the outdoor activities are the best. Everything from ATV riding, Snowmobiling, Skiing, fishing, camping, hiking is all within minutes of the area. If you like to be outdoors and love the small community life than this is the place to be. Many all year special events and great programs for adults and children. You will never get bored here!!!"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jeffery Christians, Real Broker Spearfish
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.
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.
7 Rodeo St, Deadwood, SD 57732 is a 20 bedroom, 12,160 sqft multi-family built in 1974. This property is currently available for sale and was listed by Mount Rushmore Area AOR on Oct 2, 2023. The MLS # for this home is MLS# 77949.