Rapid City, SD 57701,510 E Chicago St
Rapid City, SD 57701,510 E Chicago St
Rapid City, SD 57701,510 E Chicago St
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$279,000
Est. payment /mo
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 172789

Style Up & Down,Other

Year Built 1940

Property Sub-Type Triplex

Property Description

Investors! This unique triplex up/down duplex with guest cottage in back is ready to start producing income for you right away. Main Floor Unit: 786 SF, 2 bedrooms, 1 bathroom. Currently leased to a long-term tenant at $1,000/month. Lower-Level Unit: 576 SF, 2 bedrooms (windows NTC), 1 bathroom. Recently updated with fresh paint and carpet. Previously rented below market at $850/month, now vacant and ready for new tenants at a rate of your choice. Guest Cottage: 240 SF, currently rented seasonally at $850/month on a month-to-month basis. The new owner could add Cove heating to make this a year-round rental. Centrally located within walking distance of shopping and Roosevelt Park, this property offers a prime location for tenants and solid investment potential. Don't miss out on this opportunity!

Location

State SD

County Pennington

Area North

Zoning Non-conforming

Interior

Heating Gas

Cooling Window

Exterior

Roof Type Composition

Building

Foundation Basement

Sewer City

Water City


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Listed by PREMIER PROPERTIES, LLC