Mount Rushmore Area Listings

MULTI-FAMILY:
MLS#:82305
Price: $$290,000.00
Listing Date:11/08/2024
Type Duplex
Style: Up & Down
Area: Rapid City -North
Subdivision: No Subdivision
School District: Rapid City
Number Of Units: 2
Number of Acres:
Lot Size:
Total Bldg Sq Ft: 1848
Year Built: 1959

Welcome to this cash-flowing duplex investment property, perfectly set up with an up-and-down layout and a fantastic 6.5% cap rate. Each unit has been thoughtfully updated, making this a prime income-generating opportunity. The basement unit features 2 bedrooms and 1 bathroom with various updates along with new flooring and new paint throughout. The upper unit offers 3 bedrooms and 1 bathroom, blending new flooring with well-preserved original hardwood. The living space has been freshly painted and extends into a covered patio. Recent upgrades include a new roof (2022), new radon mitigation system, newly paved driveways, fresh landscaping, and a fully fenced yard. Each unit has its own washer and dryer for added convenience, and tenants will love the abundant outdoor space and privacy. This is a turn-key investment with strong cash flow, stable income, and upgrades that enhance long-term value. Don’t miss out on adding this solid duplex to your portfolio or starting your investment journey (P.S. this could be a great candidate for house hacking)! Listed by Madison Reeves -Keller Williams Realty Black Hills, Spearfish (605) 569-9019

Listing Office: Keller Williams Realty Black Hills Sp, Agent: Reeves, Madison