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1010 N 7TH

Rapid City, SD 57701
  • $344,900
  • STATUS: Active
  • ON SITE: 337 Days
  • MLS #: 165967
$344,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

Description

Prime Investment Opportunity in Rapid City! Welcome to this 2,562 sqft triplex boasting one 2-bedroom, 1-bathroom unit and two 1-bedroom, 1-bathroom units, perfectly positioned for savvy investors. The property's recent new roof, community laundry, and a private fenced yard enhance its appeal. Its convenient location near parks, restaurants, schools, and attractions ensures a steady stream of potential tenants, making it a lucrative income generator. With ample storage, multiple cabinets, and abundant off-street parking, this triplex caters to tenant needs while offering a hassle-free investment experience. The current rents are below market value and have an opportunity to be increased from $950-1050. Don't miss this chance to capitalize on a highly desirable property in Rapid City's thriving real estate market. As an added bonus, a potentially assumable mortgage with very attractive terms is available.

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© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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 Will Dixon Real Estate at Keller Williams Realty Black Hills. Data last updated: 2024-09-12T00:16:14.213.
www.willdixonrealestate.com/homes/144238768
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1010 N 7TH Rapid City, SD 57701

  • Price: $344,900
  • Status: Active
  • On Site: 337 Days
  • MLS #: 165967
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1922
Built
Neighborhood:
North Rapid Add
County:
Pennington
Area:
North
Property Description
Prime Investment Opportunity in Rapid City! Welcome to this 2,562 sqft triplex boasting one 2-bedroom, 1-bathroom unit and two 1-bedroom, 1-bathroom units, perfectly positioned for savvy investors. The property's recent new roof, community laundry, and a private fenced yard enhance its appeal. Its convenient location near parks, restaurants, schools, and attractions ensures a steady stream of potential tenants, making it a lucrative income generator. With ample storage, multiple cabinets, and abundant off-street parking, this triplex caters to tenant needs while offering a hassle-free investment experience. The current rents are below market value and have an opportunity to be increased from $950-1050. Don't miss this chance to capitalize on a highly desirable property in Rapid City's thriving real estate market. As an added bonus, a potentially assumable mortgage with very attractive terms is available.
Exterior Features

Construction FrameHardboard Entrance Private Entrance Lot Size .24 Acres Lot Type FlatInterior Parking Garage Roofing Composition Style Other View Trees

Interior Features

Cooling ElectricWindow Foundation Basement Heating Gas

Property Features

Auction YN No Documents On File Other Features All UnitsSome UnitsKit/DR Combo Includes All UnitsSome Units Miscellaneous Other Restrictions Multifamily Type Triplex Possession Negotiable Safety Features Smoke Detectors Sewer City Tenancy Type Month to Month Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Unknown

© 2024 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Jeffery Christians of REAL BROKER - SPEARFISH: 605-609-1056.


© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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 Will Dixon Real Estate at Keller Williams Realty Black Hills. Data last updated: 2024-09-12T00:16:14.213.
 
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Will Dixon Real Estate at Keller Williams Realty Black Hills
2401 West Main Street
Rapid City SD, 57702