5 months on rocket

105 N 5th St, Hot Springs, SD, 57747

$429,000

Home List Price

$5,094*

Closing Credit

0 Baths
2,798 SqFt
$153/SqFt
Multi

Location

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105 N 5th St, Hot Springs$429,000

Buyer Closing Credits

$5,094*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1920
HeatingPropane, Forced Air, Wall Furnace
MLS #80613
StatusActive
(ACTIVE)

About 105 N 5th St

Take a look at this completely remodeled historic triplex, where sandstone charm meets modern convenience. This beautifully restored property offers three distinct units and is an exceptional opportunity for investors or those seeking a unique living arrangement. Enjoy peace of mind with updated electrical, plumbing, windows, doors, and a brand-new roof with upgraded high impact shingles. Each unit has tall windows providing abundant natural light, creating a warm and inviting ambiance. The first unit is on the main level and offers two bedrooms, a large living room, dedicated dining area, spacious kitchen with walk-in pantry, and enclosed porch. The second and third units are located upstairs and are both very comfortable, yet efficient, one-bedroom apartments. All units are metered separately, and on-site laundry facilities add to the convenience. Being located within walking distance to downtown Hot Springs increases the promise of high rental demand and excellent investment returns. Live in one unit and rent out the others or lease all three for maximum income potential. Don't miss this rare opportunity to own a piece of history with all the modern amenities!

Property Details

Property Features

Property Information:

  • Architectural Style: Up & Down
  • Year Built: 1920
  • Living Area: 2,798 SqFt

Listing Office:

  • Office Name: Mt. Rushmore Properties
  • Office Phone: (605) 673-1941

Utilities

Utilities Information:

  • Heating: Propane, Forced Air, Wall Furnace

Other

Directions Information:

  • Directions: From stoplight at intersection of University Ave and Chicago St, go east on University to 5TH St and turn left. Continue to property on right. Watch for sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,000
  • Price Per SqFt: $153/SqFt

Tax Information:

  • Annual Amount: $2,916
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hot Springs, SD.

Med. Sold Price

$295.9K

Med. Price/SqFt

$177

# of Sold Homes

7

105 N 5th St vs Hot Springs

160 DAYS ON ROCKET

$429,000

+$133K More

$153/SqFt

-$24 Less

KEY TAKEAWAY

This property is $133K more than the Median Sold Price and $24/SqFt less than other homes in Hot Springs, SD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #80613

Listing Office:

  • Office Name: Mt. Rushmore Properties
  • Office Phone: (605) 673-1941

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 other brokerage firms are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,916$163,510
2020$2,748$146,310
2019$2,228$136,700
2018 - $106,810
2017 - $101,860

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,353

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-815455
4
/10
  • Hot Springs Elementary - 02

  • 240 N 19th St

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-815456
5
/10
  • Oelrichs Elementary - 02

  • 214 W 7th St

  • 21.13 miles

  • Public District Grades PK-5

school-card-donut-815457
6
/10
  • Custer Elementary - 02

  • 1415 Wild Cat Ln

  • 23.65 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,784. Typical income of Hot Springs, SD residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesSouth DakotaFall River CountyHot Springs57747105 N 5th St

This home is located at 105 N 5th St in Hot Springs, SD and zip code 57747. This 2,798 square foot home was built in 1920. It has been listed on Rocket Homes since June 16, 2024 and is currently priced at $429,000.

Hot Springs, SD housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. The number of homes for sale in Hot Springs, SD increased by 14% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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