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$ 699,000
Est. payment | /mo
$ 699,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Stahl Victorian
MLS Listing ID 181518
Year Built 2005
Property Sub-Type Fourplex
Property Description
Listed by TJ Wojtanowicz – Black Hills Realty | 605-863-1920. Excellent investment opportunity in Rapid City! This fourplex, built in 2005 and located at 1311 Carolyn Court in the desirable West Boulevard area, offers four income-producing rental units with a current combined monthly rent of $4,700, totaling $56,400 in annual scheduled rental income. The property features an upper-and-lower unit configuration with private entrances, paved parking, individual decks or balconies, kitchen/dining combinations, refrigerators, ranges, dishwashers, window coverings, and laundry hookups. Additional features include electric heating, wall air conditioning, a composition roof, and city water and sewer services. With established tenants and leases in place, this property provides an opportunity for investors looking to expand their rental portfolio. Conveniently located near downtown Rapid City, shopping, dining, and other amenities. Offered at $699,000, or $174,750 per unit. Leases and financial information are available for qualified buyers. Property is tenant-occupied; showings by appointment only with appropriate notice. Buyer and buyer's agent to verify all information.
Location
State SD
County Pennington
Area West Blvd
Zoning Conforming
Interior
Heating Electric, Radiant Heat
Cooling Wall
Exterior
Roof Type Composition
Building
Foundation Crawl Space, Poured Concrete
Sewer City (at site)
Water City (at site)
Listed by BLACK HILLS REALTY
NEARBY SCHOOL & PROPERTIES
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