142 S 5th St, Hot Springs, SD 57747

The benefits of investing in duplexes are many. Duplex rentals provide monthly cash flow, they're affordable (two units in one transaction) and if you move into one side, tenants can help with the mortgage. There's also some opportunites for tax deductions. Hot Springs is short on rentals, so the timing couldn't be better. This Hot Springs duplex is affordably priced, not far from downtown and recent upgrades include new roof, new flooring, new footings, new gas meters and some light remodeling. Both units are three bedrooms and tenants pay for utilities which are metered separately. Both units have laundry hookups and are bright and updated. Units are leased at $1200/mo and leases go month to month after Nov. 2023 with one months rent for security deposit for each unit. Unit 142 is three bedrooms and one bath all on one level with a mud room/laundry area just off of kitchen. Unit 142 1/2 is a three bedroom, two bath on two levels with a roomy deck. Duplex is professionally managed and may continue if desired. Come take a look! Listed by Andrea Ronning, Owner/Broker, Aspen+Pine Realty, 605-517-1130. Tenants need 24 hours notice for showings so plan accordingly.