624 Sunnyhill Rd, Lead, SD 57754
This exceptional investment opportunity presents a 5-unit single-family rental portfolio located at 624 Sunnyhill Road, Lead, South Dakota, 57754. The property boasts a total of 4,472 square feet situated on a 0.69-acre lot. Built in 1935, this two-story property showcases original craftsmanship and design elements characteristic of an English Tudor style home. The property features spacious living areas, an updated kitchen, and abundant storage space. The expansive grounds offer a large grassy area suitable for various uses, including family gatherings, events, or ample parking (accommodating up to 10 vehicles). Convenient off-street parking is also available. The property's prime location offers proximity to schools, shopping, and other amenities, within a desirable neighborhood in the Black Hills. Recent updates include a new roof, windows, paint, and a tankless water heater. The asking price is $745,000, translating to $166.59 per square foot. This property presents a unique blend of historical charm and modern updates, making it an attractive investment opportunity in a sought-after location. The property has previously been successfully operated as a bed and breakfast for two years.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.