$344,900
Active
37 Days Online
0 Beds0 Baths0 SQFT
Active

1010 N 7Th Rapid City, SD 57701

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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. As an added bonus, a potentially assumable mortgage with very attractive terms is available.

  • Property TypeMulti-Family
  • NeighborhoodNorth Rapid Add
  • CountyPennington
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site37 Days
  • MLS StatusActive
  • MLS ID Number165967
  • Home Size Source N/A
  • Year Built1922
  • Lot Size0.24 Acres
  • Full BathsN/A
  • Partial BathsN/A

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