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$305,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision North Rapid Add
MLS Listing ID 174035
Style Up & Down
Year Built 1940
Property Sub-Type Fourplex
Property Description
Investors,,,,,,take a LOOK. Fantastic investment opportunity! This fully occupied 4-plex features four 1-bedroom, 1-bath units with strong rental history and excellent cash flow. Located near schools, shopping, and with easy access to downtown and I-90, this property is attractive to tenants and offers a lot of upside potential. Bring your ideas, and customize to your liking. Great property to build equity with, as our local "affordable rental" market is very strong. Each unit offers private entrances, and tenants are month-to-month and pay their own electric and gas, minimizing owner expenses. Property includes private off-street parking, coin-operated laundry onsite, smaller yard easy to maintain, and mature trees for added curb appeal. Durable vinyl siding and vinyl windows help reduce maintenance. Owner-managed and maintained, this 4-plex is easy to rent and ready to continue producing income. Great opportunity for a first-time investor or to expand your existing portfolio.
Location
State SD
County Pennington
Area North
Zoning Conforming
Interior
Heating Electric, Radiant Heat
Cooling None
Exterior
Roof Type Composition
Building
Foundation Basement, Concrete Block, Poured Concrete, Walkout
Sewer City
Water City
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Listed by KELLER WILLIAMS REALTY BLACK HILLS