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    123-211 E Nowlin

    Rapid City, SD 57701
    • $1,320,000
    • STATUS: Active
    • ON SITE: 59 days
    • MLS #: 155425
    UPDATED: 63 min ago
    $1,320,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    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 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 Heidrich Real Estate Team | Keller Williams Black Hills Realty. Data last updated: 2021-09-25T23:16:18.133.
    www.heidrichrealestateteam.com/homes/119809930
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    123-211 E Nowlin Rapid City, SD 57701

    • Price: $1,320,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 155425
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1963
    Built
    Neighborhood:
    Nowlin & Wood
    County:
    Pennington
    Area:
    North
    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

    Construction FrameWood Entrance Private Entrance Lot Size 0.89 Lot Type FlatCorner Parking Off SitePavedSee RemarksStreet Roofing OtherTar &Amp; Gravel Style 1 Story View City

    Interior Features

    Cooling Wall Foundation Poured Concrete Heating Forced Air

    Property Features

    Auction YN No Documents On File Leases Features All UnitsHookupsLr/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 Christopher Long 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 Heidrich Real Estate Team | Keller Williams Black Hills Realty. Data last updated: 2021-09-25T23:16:18.133.
     
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    Heidrich Real Estate Team | Keller Williams Black Hills Realty
    2401 W Main Street
    Rapid City SD, 57702