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1127 Holcomb Avenue

Rapid City, SD 57701
  • $290,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 82305
Price Reduced
UPDATED: 44 min ago
$290,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959

School Ratings & Info

School District:

Description

Welcome to this cash-flowing duplex investment property, perfectly set up with an up-and-down layout and a fantastic 6.5% cap rate. Each unit has been thoughtfully updated, making this a prime income-generating opportunity. The basement unit features 2 bedrooms and 1 bathroom with various updates along with new flooring and new paint throughout. The upper unit offers 3 bedrooms and 1 bathroom, blending new flooring with well-preserved original hardwood. The living space has been freshly painted and extends into a covered patio. Recent upgrades include a new roof (2022), new radon mitigation system, newly paved driveways, fresh landscaping, and a fully fenced yard. Each unit has its own washer and dryer for added convenience, and tenants will love the abundant outdoor space and privacy. This is a turn-key investment with strong cash flow, stable income, and upgrades that enhance long-term value. Dont miss out on adding this solid duplex to your portfolio or starting your investment journey (P.S. this could be a great candidate for house hacking)! Listed by Madison Reeves -Keller Williams Realty Black Hills, Spearfish (605) 569-9019

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© 2024 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 Will Dixon Real Estate at 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 Will Dixon Real Estate at 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: 2024-12-07T23:44:43.337.
www.willdixonrealestate.com/homes/157672278
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1127 Holcomb Avenue Rapid City, SD 57701

  • Price: $290,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 44 min ago
  • MLS #: 82305
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1959
Built
Neighborhood:
Millard Addition
Area:
Rapid City -North
School District:
Rapid City
Property Description
Welcome to this cash-flowing duplex investment property, perfectly set up with an up-and-down layout and a fantastic 6.5% cap rate. Each unit has been thoughtfully updated, making this a prime income-generating opportunity. The basement unit features 2 bedrooms and 1 bathroom with various updates along with new flooring and new paint throughout. The upper unit offers 3 bedrooms and 1 bathroom, blending new flooring with well-preserved original hardwood. The living space has been freshly painted and extends into a covered patio. Recent upgrades include a new roof (2022), new radon mitigation system, newly paved driveways, fresh landscaping, and a fully fenced yard. Each unit has its own washer and dryer for added convenience, and tenants will love the abundant outdoor space and privacy. This is a turn-key investment with strong cash flow, stable income, and upgrades that enhance long-term value. Dont miss out on adding this solid duplex to your portfolio or starting your investment journey (P.S. this could be a great candidate for house hacking)! Listed by Madison Reeves -Keller Williams Realty Black Hills, Spearfish (605) 569-9019
Exterior Features

Construction Frame Exterior Features ShedPaved Street Parking AssignedOther (See Remarks)Paved Roof Composition Siding Other Style Up & Down

Interior Features

Approx Building Sq Ft 1848 Basement Substructure Full BasementWalkoutPoured Concrete Found. Cooling None Entrance More than 1/ApartmentPrivate Entrance Heating Natural GasElectricForced AirBaseboard Number Of Units 2 Systems Breaker

Property Features

Auction YN No Documents On File Property DisclosureSurvey For Sale Or Rent For Sale Miscellaneous Central Water HeaterDead Bolt LocksIndividual Heat & AirSeparate Meters Modular YN No Multi Family Property Type Duplex Owner Pays Gas/ElectricInsuranceReal Estate TaxesWater/Sewer Personal Property RefrigeratorWasherDryer Pets Allowed YN No Possession Negotiable Safety Features Smoke Detectors Short Sale No Subdivision YN No Tenant Pays Gas/Electric Terms CashNew Loan Type Of Tenancy One Year Lease

[Mount Rushmore Area Association of Realtors] logoListing information © 2024 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of of Keller Williams Realty Black Hills SP: 605-343-7500.



© 2024 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 Will Dixon Real Estate at 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 Will Dixon Real Estate at 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: 2024-12-07T23:44:43.337.
 
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Will Dixon Real Estate at Keller Williams Realty Black Hills
2401 West Main Street
Rapid City SD, 57702