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517 E Madison

Rapid City, SD 57701
  • $179,900
  • STATUS: Active Under Contract
  • ON SITE: 13 Days
  • MLS #: 156936
Under Contract
$179,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Ratings & Info

Description

Listed by Brooke Abdallah, Pillar Properties, 605.641.7411. Investment opportunity on a great income producing asset in Rapid City, or live in one unit and rent the other out for a "house-hacking" product...let someone else pay your mortgage! 2 bedrooms, 1 bathroom upstairs, and 1 bedroom, 1 bathroom downstairs. Rent is $900/month upstairs, and has been $700/month downstairs (tenant just moved out mid-November, will be increased to $750/month). Downstairs has laundry, private rear entrance, and conforming egress for bedroom. Owner pays all utilities. New roof in 2020. Parking in rear with ability to add storage sheds for additional income. Driveway in from for upstairs tenant. Upstairs unit is occupied so please allow 24 hours notice for all showings. Property is owned by a Licensed South Dakota Real Estate Broker. Thank you.

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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: 2021-11-28T00:16:19.727.
www.dupontrealestateteam.com/homes/123287834
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517 E Madison Rapid City, SD 57701

  • Price: $179,900
  • Status: Active Under Contract
  • On Site: 13 Days
  • MLS #: 156936
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1953
Built
Neighborhood:
Schnasse
County:
Pennington
Area:
North
Property Description
Listed by Brooke Abdallah, Pillar Properties, 605.641.7411. Investment opportunity on a great income producing asset in Rapid City, or live in one unit and rent the other out for a "house-hacking" product...let someone else pay your mortgage! 2 bedrooms, 1 bathroom upstairs, and 1 bedroom, 1 bathroom downstairs. Rent is $900/month upstairs, and has been $700/month downstairs (tenant just moved out mid-November, will be increased to $750/month). Downstairs has laundry, private rear entrance, and conforming egress for bedroom. Owner pays all utilities. New roof in 2020. Parking in rear with ability to add storage sheds for additional income. Driveway in from for upstairs tenant. Upstairs unit is occupied so please allow 24 hours notice for all showings. Property is owned by a Licensed South Dakota Real Estate Broker. Thank you.
Exterior Features

Construction Hardboard Entrance Private Entrance Lot Size 0.12 Lot Type Flat Parking See Remarks Roofing Composition Style 2 Story View City

Interior Features

Cooling Wall Foundation BasementSlab Heating Forced AirGas

Property Features

Auction YN No Documents On File Other Features Patio Includes RefrigeratorRange/OvenWasherDryerMicrowave Miscellaneous Individual Heat &Amp; AirDead Bolt Locks Multifamily Type Duplex Possession Immediate Safety Features Smoke Detectors Sewer City Tenancy Type 1 Year Lease Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Unknown

© 2021 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Brooke Abdallah of Pillar Properties.


© 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: 2021-11-28T00:16:19.727.
 
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Dupont Real Estate Inc.
1201 Mt. Rushmore Rd.
Rapid City SD, 57701