Lead, SD 57754-0000,101 E Summit St
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Lead, SD 57754-0000,101 E Summit St
Lead, SD 57754-0000,101 E Summit St
Lead, SD 57754-0000,101 E Summit St
Lead, SD 57754-0000,101 E Summit St

$340,000

Est. payment /mo

$420,000

19.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

101 E Summit St Lead, SD 57754-0000

SOLD DATE : 07/18/2025

Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Subdivision Original Town

MLS Listing ID 173705

Sold Date 07/18/25

Style 2 Story

Year Built 1901

Property Sub-Type Fourplex

Property Description

Prime Investment Opportunity! This fully updated fourplex is a high-performing income property with excellent cap rate and strong rental history. Recent renovations include new siding, shingles, gutters, and more—offering peace of mind and low-maintenance ownership. Ideally located on a corner lot with flat, concrete surroundings and ample street parking, it's directly across from the lab, providing a steady source of tenants. The property features two spacious 2-bedroom units and two well-maintained 1-bedroom units, all with long-term tenants in place. Bonus perks include a shed for extra storage, a balcony, and small private yard spaces. Rarely vacant and consistently generating solid income, this is a fantastic addition to any portfolio!

Location

State SD

County Lawrence

Area Northern Hills

Zoning Conforming

Interior

Heating Forced Air

Cooling Other

Exterior

Roof Type Composition

Building

Foundation Crawl Space

Sewer City

Water City

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Listed by REAL BROKER - SPEARFISH
agent

Lori Barnett

License Partner | License ID: 14661

+1(605) 786-5817

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