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    OFF-MARKET
    Residential income homes

    624 Sunnyhill Rd, Lead, SD 57754

    4,472 SF 0.69 ac lot Built 1935
    Property ID
    US79-0412464
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1935
    Total area 4,472 SF
    Lot 0.69 ac (30,056 SF)
    UPID US79-0412464
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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