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437 Montgomery Street

Custer, SD 57730
  • $1,650,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 84679
UPDATED: 87 min ago
$1,650,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

INVESTMENT OPPORTUNITY - CUSTER FLATS - 13-unit apartment complex at the north edge of Custer. Located at the corner of Montgomery Street and US Highway 385/North 5th Street. The property was recently renovated from top to bottom. Updated plumbing, electrical, roofs, windows, parking lots and all new interiors, including the appliances, flooring and fixtures. (1- three-bedroom/two bath unit; 5-two bedroom/two bath units; 5-one bedroom/one bath units and 2 efficiency units.) Has been fully leased since the renovation was completed with very few vacancies. Heating & cooling is provided by individual PTAC units. Separate electrical meters. Tenants pay for electric and water/sewer. Landlord pays for garage, propane and snow removal. Financials are available with a signed confidentiality agreement (NDA).

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© 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. 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 brokerage firms other than Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2025-06-20T23:44:57.627.
www.blackhillshomesd.com/homes/164462007
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437 Montgomery Street Custer, SD 57730

  • Price: $1,650,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 87 min ago
  • MLS #: 84679
0
Beds
0
Baths
0
½ Baths
0.57
Acres
Neighborhood:
Custer
Area:
Custer
Property Description
INVESTMENT OPPORTUNITY - CUSTER FLATS - 13-unit apartment complex at the north edge of Custer. Located at the corner of Montgomery Street and US Highway 385/North 5th Street. The property was recently renovated from top to bottom. Updated plumbing, electrical, roofs, windows, parking lots and all new interiors, including the appliances, flooring and fixtures. (1- three-bedroom/two bath unit; 5-two bedroom/two bath units; 5-one bedroom/one bath units and 2 efficiency units.) Has been fully leased since the renovation was completed with very few vacancies. Heating & cooling is provided by individual PTAC units. Separate electrical meters. Tenants pay for electric and water/sewer. Landlord pays for garage, propane and snow removal. Financials are available with a signed confidentiality agreement (NDA).
Exterior Features

Construction Frame Lot Description Corner LotInterior LotView Lot Parking AssignedCommonPavedParking LotStreet Parking Road Surface Blacktop Surface Water None Topography LevelSloping

Interior Features

Approx Building Sq Ft 9800 Basement Substructure Crawl SpaceUnfinished Heating Electric

Property Features

Access Public Access Auction YN No Commercial Property Type Business/Land/Building(s) Documents On File Legal DescriptionPhotographs Electric Location To Lot Extras Hi-Traffic LocationHigh VisibilityHighway AccessView For Sale Or Rent For Sale Mineral Rights Unknown Number Of Building Levels 2 Occupant Long Term TenantShort Term Possession Negotiable Short Sale No Soil Class Unknown Subdivision YN No Terms CashNew Loan Type Lot Other Utilities Sewer City (At Site) Will Divide No

[Mount Rushmore Area Association of Realtors] logoListing information © 2025 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of of Lampert Properties: 605-673-4567.



© 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. 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 brokerage firms other than Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2025-06-20T23:44:57.627.
 
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2401 W Main Street
Rapid City SD, 57702