Prime Investment Opportunity in Rapid City! Welcome to this 2,562 sqft triplex boasting one 2-bedroom, 1-bathroom unit and two 1-bedroom, 1-bathroom units, perfectly positioned for savvy investors. The property’s recent new roof, community laundry, and a private fenced yard enhance its appeal. Its convenient location near parks, restaurants, schools, and attractions ensures a steady stream of potential tenants, making it a lucrative income generator. With ample storage, multiple cabinets, and abundant off-street parking, this triplex caters to tenant needs while offering a hassle-free investment experience. The current rents are below market value and have an opportunity to be increased from $950-1050. Don’t miss this chance to capitalize on a highly desirable property in Rapid City’s thriving real estate market. . . Listed by Jeffery Christians, Real Broker LLC, and co-listed by Beth Staeckeler, Real Broker LLC, 631-902-6095
Property Details
Price:
$344,900
MLS #:
78000
Status:
Active
Baths:
0
Address:
1010 N 7th Street
Type:
Multi Family
Subdivision:
North Rapid Addition
Neighborhood:
rapidcitynorth
City:
Rapid City
Listed Date:
Oct 9, 2023
State:
SD
Finished Sq Ft:
2,562
ZIP:
57701
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1922
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Schools
Interior
B A S E M E N T/ S U B S T R U C T
Partial Basement
C O O L I N G
Window Evap.
H E A T I N G
Natural Gas
Exterior
C O N S T R U C T I O N
Frame
E X T E R I O R
Paved Street
P A R K I N G
Garage
R O O F
Composition
S I D I N G
Wood Siding
Financial
Unit 1 Rent
$1, 050
Unit 2 Rent
$900
Unit 3 Rent
$1, 000
Map
Community
- Address1010 N 7th Street Rapid City SD
- AreaRapid City -North
- CityRapid City
- Zip Code57701-0000
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Courtesy of Real Broker Spearfish. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Dakota Home and Ranch Real Estate include the name of the listing broker. Neither the listing company nor Dakota Home and Ranch Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. . All rights reserved.
1010 N 7th Street
Rapid City, SD
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