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202 E St Francis

Rapid City, SD 57702
  • $1,700,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 163799
$1,700,000
  • 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 6.3%). Potential possibility to build another 6- 8 units with additional land. Garage on site to house utility items. Don't hesitate on this one!

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© 2023 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 Berkshire Hathaway Homeservices | Midwest Realty. Data last updated: 2023-06-05T00:16:17.403.
www.blackhillssdproperties.com/homes/139815341
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202 E St Francis Rapid City, SD 57702

  • Price: $1,700,000
  • Status: Active
  • On Site: 12 Days
  • MLS #: 163799
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 6.3%). Potential possibility to build another 6- 8 units with additional land. Garage on site to house utility items. Don't hesitate on this one!
Exterior Features

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

Interior Features

Cooling ElectricOther Foundation BasementPoured Concrete Heating ElectricHot WaterOther

Property Features

Auction YN No Documents On File Inventory ListSurvey Features All UnitsWindow CoveringsExtra StorageFinished Basement Includes All UnitsRefrigeratorRange/OvenDishwasherDisposalWasherDryer Miscellaneous Separate MetersMaster MetersPet RestrictionsIndividual Water HeatersIndividual Heat &Amp; AirDead Bolt Locks 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

© 2023 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Regina Mueller of The Real Estate Group, Inc.: 605-343-8800.


© 2023 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 Berkshire Hathaway Homeservices | Midwest Realty. Data last updated: 2023-06-05T00:16:17.403.
 
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Berkshire Hathaway Homeservices | Midwest Realty
201 Main St., Suite 203
Rapid City SD, 57701