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    3027 W Rapid

    Rapid City, SD 57702
    • $349,000
    • STATUS: Active Under Contract
    • ON SITE: 23 Days
    • MLS #: 156428
    Under Contract
    UPDATED: 30 min ago
    $349,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    Great income producing property on the Northwest side of Rapid City. This triplex is in great shape and in a great location. 3 units total with private entrances, 2 units have been remodeled plus a private coin operated laundry room. Great cap rate of 7.5%. Unit 1 (upper level) is a 2 bedroom 1 bathroom with an office (one bedroom is a walk-through). Unit 2 (main level) is a 2 bedroom, 1 bath. Unit 3 (lower level) is a 1 bedroom, 1 bathroom unit with an office space (bedroom not to code). Lower unit was used as an air bnb from August to October with a great return. Owner pays water, sewer and gas. Tenants are responsible for electric. Ample gravel parking lot to the back of the property for unit 1 and 3. Unit 2 (main level) has a driveway. Seller is a licensed Real Estate agent.

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    © 2021 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: 2021-10-26T13:16:19.027.
    www.buyandsellblackhills.com/homes/122039737
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    3027 W Rapid Rapid City, SD 57702

    • Price: $349,000
    • Status: Active Under Contract
    • Updated: 30 min ago
    • MLS #: 156428
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1940
    Built
    Neighborhood:
    Green Acres
    County:
    Pennington
    Area:
    Northwest
    Property Description
    Great income producing property on the Northwest side of Rapid City. This triplex is in great shape and in a great location. 3 units total with private entrances, 2 units have been remodeled plus a private coin operated laundry room. Great cap rate of 7.5%. Unit 1 (upper level) is a 2 bedroom 1 bathroom with an office (one bedroom is a walk-through). Unit 2 (main level) is a 2 bedroom, 1 bath. Unit 3 (lower level) is a 1 bedroom, 1 bathroom unit with an office space (bedroom not to code). Lower unit was used as an air bnb from August to October with a great return. Owner pays water, sewer and gas. Tenants are responsible for electric. Ample gravel parking lot to the back of the property for unit 1 and 3. Unit 2 (main level) has a driveway. Seller is a licensed Real Estate agent.
    Exterior Features

    Construction Metal/Vinyl Entrance Private Entrance Lot Size .28 Lot Type Flat Parking See Remarks Roofing Composition Style Other View City

    Interior Features

    Cooling None Foundation Basement Heating ElectricForced AirGas

    Property Features

    Auction YN No Documents On File Other Features Inside Utility Room Includes RefrigeratorRange/Oven Miscellaneous Central Water Heater Multifamily Type Triplex Possession ImmediateNegotiable Safety Features Smoke Detectors Sewer City Tenancy Type 1 Year LeaseMonth To MonthNegotiableSix Month Lease Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Non-Conforming

    © 2021 Black Hills Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Ariel Rudland of Ascend Realty Inc..


    © 2021 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: 2021-10-26T13:16:19.027.
     
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    3025 1st Avenue, Suite #2
    Spearfish SD, 57783