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Listing Details

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Description

Great opportunity to invest in Rapid City's increasingly competitive housing market boosted by the expansion of Ellsworth Air Force Base and South Dakotas business-friendly climate. Well-maintained, fully leased 12 unit property in 6 duplexes. 2 bed, 1 bath units include stove, refrigerator, window air conditioner, washer/dryer hookups in each unit. Each building is a separately platted lot. Monthly rents from $695 to $760 with additional $35 utility fee. Room for rent increases to match current market rates as well as opportunities for value-add upgrades for additional income. Low-Income Housing Tax Credit (LIHTC) qualified census tract. Most units upgraded with LVT in living and kitchen, carpeted bedrooms and updated countertops, cabinets and bathroom fixtures. Listed by Chris Long, Keller Williams Realty Black Hills, 605-939-4489.

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© 2021 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. 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 Dupont Real Estate Inc.. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Dupont Real Estate Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2021-09-16T23:44:43.853.
www.dupontrealestateteam.com/homes/119882225
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123-211 E Nowlin Street Rapid City, SD 57701

  • Price: $1,320,000
  • Status: Active
  • MLS #: 69301
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Beds
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Baths
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½ Baths
0.89
Acres
1963
Built
Neighborhood:
Rapid City
Area:
Rapid City
School District:
Rapid City
Property Description
Great opportunity to invest in Rapid City's increasingly competitive housing market boosted by the expansion of Ellsworth Air Force Base and South Dakotas business-friendly climate. Well-maintained, fully leased 12 unit property in 6 duplexes. 2 bed, 1 bath units include stove, refrigerator, window air conditioner, washer/dryer hookups in each unit. Each building is a separately platted lot. Monthly rents from $695 to $760 with additional $35 utility fee. Room for rent increases to match current market rates as well as opportunities for value-add upgrades for additional income. Low-Income Housing Tax Credit (LIHTC) qualified census tract. Most units upgraded with LVT in living and kitchen, carpeted bedrooms and updated countertops, cabinets and bathroom fixtures. Listed by Chris Long, Keller Williams Realty Black Hills, 605-939-4489.
Exterior Features

Style 1 Story

Interior Features

Number Of Units 12

Property Features

Auction YN No For Sale Or Rent For Sale Modular YN No Multi Family Property Type Other Pets Allowed YN Yes Short Sale No Subdivision YN No

Listing information © 2021 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Christopher Long of Keller Williams Realty Black Hills Rapid City.



© 2021 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. 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 Dupont Real Estate Inc.. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Dupont Real Estate Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2021-09-16T23:44:43.853.
 
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Dupont Real Estate Inc.
1201 Mt. Rushmore Rd.
Rapid City SD, 57701