202 E St Francis

    Rapid City, SD 57702
    • $1,749,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 147879
    UPDATED: 43 min ago
    $1,749,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    Need extra income that produces monthly? Take a look at this money maker! 16 unit building that was totally redone in 2017. Complete with all recently purchased appliances including clothes washer/dryer and window blinds in each unit. Four one bedroom, 1 bath and twelve 2 bed, 1 bath units. Great quality, freshly updated, granite counter tops, new baths, kitchens, flooring and more! Low Maintenance. 100 % occupancy rate at this time. (Cap rate is 7.1) Potential possibility to build another 6- 8 units with additional land. Garage on site to house utility items. Don't hesitate on this one! Listed by Scott Mueller 605-390-7496

    Monthly Payment Calculator



    © 2020 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 Keller Williams Realty Black Hills. Data last updated: 2020-03-30T08:16:15.773.
    www.buyandsellblackhills.com/homes/103846091

    202 E St Francis Rapid City, SD 57702

    • Price: $1,749,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 147879
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1954
    Built
    Neighborhood:
    South Park
    County:
    Pennington
    Area:
    Southeast
    Property Description
    Need extra income that produces monthly? Take a look at this money maker! 16 unit building that was totally redone in 2017. Complete with all recently purchased appliances including clothes washer/dryer and window blinds in each unit. Four one bedroom, 1 bath and twelve 2 bed, 1 bath units. Great quality, freshly updated, granite counter tops, new baths, kitchens, flooring and more! Low Maintenance. 100 % occupancy rate at this time. (Cap rate is 7.1) Potential possibility to build another 6- 8 units with additional land. Garage on site to house utility items. Don't hesitate on this one! Listed by Scott Mueller 605-390-7496
    Exterior Features

    Construction Brick/VeneerFrameMetal/Vinyl Entrance Community EntrancePrivate Entrance Lot Size .79 Lot Type CornerFlat Parking Street Roofing Composition Style 2 StoryOther View City

    Interior Features

    Cooling ElectricOther Foundation BasementPoured Concrete Heating ElectricWallOther

    Property Features

    Auction YN No Documents On File Inventory ListSurvey Features Window CoveringsCommon Utility RoomExtra StorageFinished Basement Includes All UnitsRefrigeratorRange/OvenDishwasherDisposalWasherDryerMicrowave Miscellaneous Dead Bolt LocksIndividual Heat &Amp; AirIndividual Water HeatersMaster MetersPet RestrictionsSeparate Meters Multifamily Type Multiplex Possession See RemarksSubject To Tenant Safety Features Fire AlarmHandicap AccessSmoke DetectorsSprinkler System Sewer City Tenancy Type 1 Year Lease Vacancy Rate 0 - 5% Water City Will Sell CashCash To Loan Zoning Conforming

    © 2020 Black Hills Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Regina Mueller of Re/Max Advantage.


    © 2020 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 Keller Williams Realty Black Hills. Data last updated: 2020-03-30T08:16:15.773.
     
    Keller Williams Realty Black Hills
    3025 1st Avenue, Suite #2
    Spearfish SD, 57783