1010 N 7Th Rapid City, SD 57701
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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