REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 279,000
Est. payment /mo
Under Contract
510 E Chicago St Rapid City, SD 57701
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Under Contract
Purchase Type For Sale
Subdivision Blakes Add
MLS Listing ID 172789
Style Up & Down,Other
Year Built 1940
Property Sub-Type Triplex
Property Description
Investors! This unique triplex up/down duplex with guest cottage in back is ready to start producing income for you right away. Main Floor Unit: 786 SF, 2 bedrooms, 1 bathroom. Currently leased to a long-term tenant at $1,000/month. Lower-Level Unit: 576 SF, 2 bedrooms (windows NTC), 1 bathroom. Recently updated with fresh paint and carpet. Previously rented below market at $850/month, now vacant and ready for new tenants at a rate of your choice. Guest Cottage: 240 SF, currently rented seasonally at $850/month on a month-to-month basis. The new owner could add Cove heating to make this a year-round rental. Centrally located within walking distance of shopping and Roosevelt Park, this property offers a prime location for tenants and solid investment potential. Don't miss out on this opportunity!
Location
State SD
County Pennington
Area North
Zoning Non-conforming
Interior
Heating Gas
Cooling Window
Exterior
Roof Type Composition
Building
Foundation Basement
Sewer City
Water City
Listed by PREMIER PROPERTIES, LLC