Address
3027 W Rapid Rapid City, SD
Price
$ 349,000
Property Attributes
  • MLS#156428
  • TypeContingent
  • CountyPENNINGTON
  • CityRapid City
  • AreaNorthwest
  • NeighborhoodGreen Acres
  • Zip57702
  • Style
  • Price$ 349,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
ASCEND REALTY INC.
Data Source:
Black Hills MLS (BHMLS)
Property Description

Great income producing property on the Northwest side of Rapid City. This triplex is in great shape and in a great location. 3 units total with private entrances, 2 units have been remodeled plus a private coin operated laundry room. Great cap rate of 7.5%. Unit 1 (upper level) is a 2 bedroom 1 bathroom with an office (one bedroom is a walk-through). Unit 2 (main level) is a 2 bedroom, 1 bath. Unit 3 (lower level) is a 1 bedroom, 1 bathroom unit with an office space (bedroom not to code). Lower unit was used as an air bnb from August to October with a great return. Owner pays water, sewer and gas. Tenants are responsible for electric. Ample gravel parking lot to the back of the property for unit 1 and 3. Unit 2 (main level) has a driveway. Seller is a licensed Real Estate agent.

Price History
10/2/2021 Listed $369,900
10/12/2021 6% - $349,000

General Features

Cooling None
Heating Electric, Forced Air, Gas
Zoning Non-conforming

Interior Features

Unit Features Inside Utility Room

Exterior Features

Latitude 44.082896
Longitude -103.270363
Foundation Basement

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 57702

Price
AVG $430K
$350K
Visits
AVG 35
17
Year Built
AVG 1981
1940

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