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    1/2 BATHS
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Listing Details

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School Ratings & Info

Description

Great investment property! 5 Unit property- featuring 1: 3 bedroom/2 bath and 4: 2 bedrooms/1 bath. All New Hardy Board Siding, Roof, and Wood Shakes are currently being installed. New hallway carpet in the corridor to be installed soon as well. Commercial Coin Operated Washer and Dryer, additional income around $180 month. Commercial washer was replaced in 2020. Parking is provided in the front and back of the building for each tenant, 2 dedicated spots per unit. Room for possible garages. Owner pays water/sewer and trash for the property. Along with the gas and electric for the halls and utility room. There are 5 furnaces and 5 hot water heaters. Each apartment has a stove and refrigerator, kitchen island opens up/overlooks the living room. 2 units have current leases the other three are currently month to month. Total Rents are currently $4,150/month and raising to $4,300/month on 9/1/21.

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© 2021 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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.. Data last updated: 2021-09-17T00:16:15.397.
www.dupontrealestateteam.com/homes/119968138
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1925 Twin Elms Dr Rapid City, SD 57702

  • Price: $579,900
  • Status: Active Under Contract
  • MLS #: 155504
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Beds
0
Baths
0
½ Baths
N/A
Acres
1977
Built
Neighborhood:
Schamber
Area:
Southwest
Property Description
Great investment property! 5 Unit property- featuring 1: 3 bedroom/2 bath and 4: 2 bedrooms/1 bath. All New Hardy Board Siding, Roof, and Wood Shakes are currently being installed. New hallway carpet in the corridor to be installed soon as well. Commercial Coin Operated Washer and Dryer, additional income around $180 month. Commercial washer was replaced in 2020. Parking is provided in the front and back of the building for each tenant, 2 dedicated spots per unit. Room for possible garages. Owner pays water/sewer and trash for the property. Along with the gas and electric for the halls and utility room. There are 5 furnaces and 5 hot water heaters. Each apartment has a stove and refrigerator, kitchen island opens up/overlooks the living room. 2 units have current leases the other three are currently month to month. Total Rents are currently $4,150/month and raising to $4,300/month on 9/1/21.
Exterior Features

Construction FrameHardboard Entrance Community EntrancePrivate Entrance Lot Size .3 Lot Type Flat Parking Paved Roofing Other Style 2 Story View City

Interior Features

Cooling None Foundation BasementPoured Concrete Heating Forced AirGas

Property Features

Auction YN No Documents On File LeasesOther Features Family RoomKit/Dr Combo Includes All UnitsRefrigeratorRange/Oven Miscellaneous Separate MetersIndividual Water HeatersIndividual Heat &Amp; Air Multifamily Type Multiplex Possession Subject To Tenant Safety Features Smoke Detectors Sewer City Tenancy Type 1 Year LeaseMonth To Month Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Conforming

© 2021 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Melissa James of Keller Williams Realty Black Hills.


© 2021 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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.. Data last updated: 2021-09-17T00:16:15.397.
 
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Dupont Real Estate Inc.
1201 Mt. Rushmore Rd.
Rapid City SD, 57701