209 Terraville Avenue Price Reduction Of 25k!!, Lead, SD 57754

$264,900
7
BD

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List Price
$264,900
Days on Market
43
Status
ACTIVE
MLS#
89718
Bedrooms
7
Full Baths
3
Lot Size (Acres)
0.12
Style
Three Level
Year Built
1939

Property Description

Singer Team Realty's Investor Alert! Rare value-add triplex in the heart of historic Lead with approximately 3,456 sq. ft. (1,152 sq. ft. per level) offering outstanding cash-flow and equity-building potential. Previously producing solid rental income, this property is ideal for investors looking to expand a rental portfolio, renovate for increased returns, or create a custom income-producing asset.The upper apartment features 2 bedrooms, 1 bath, a spacious living room filled with natural light, and beautiful original wood trim and doors. The street-level apartment offers 2 bedrooms, 1 bath, convenient on-street parking, and a charming fenced patio with mature trees. The lower level has been demoed and is ready for your vision, with space for 3 bedrooms. The rear of the property offers ample off-street parking with legal access and room for a future carport or garage (buyer to verify). Flexible floor plan also allows the potential to convert back to a spacious single-family home. Conveniently located near downtown Lead, schools, shopping, dining, and year-round Black Hills recreation. Bring your vision and restore this classic 1939 property into a high-performing investment. Opportunities like this don't come along often! Listed by Christina Singer, Keller Williams Realty Black Hills | 605-920-1518

Additional Information

Area
Lead
Subdivision
Moulton Terrace
Fireplaces
2
Flooring
Carpet, Hardwood, Sheet Vinyl
View
Trees
Heating
Natural Gas
School District
Lead/Deadwood
Garage Description
None
Basement
Yes
Foundation
Crawl Space, Concrete Block, Poured Concrete, Unfinished, Partial Basement
Flooring
Carpet, Hardwood, Sheet Vinyl
School District
Lead/Deadwood
Fireplace
Fireplace
Heating
Natural Gas
Fencing
Privacy, Partial

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Listing courtesy of Keller Williams Realty Black Hills Sp.