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304 Racine $324,500


Calling investors- do not miss this better than 7% CAP rate property! *6 unit multi-plex with steady cash flow and long term 96% occupancy rates *Consistent maintenance and upgrades make this a turn key rental property opportunity *New roof and gutters in 2019 *3 units are 1 bed/1 bath, 2 units are 2 bed/1 bath and 1 unit is a studio *Detached 2-car garage for storage *Ample parking available between designated parking spaces and on street parking *Private and communal entrances *4 of the 6 units have private washer/dryer hookups (appliances for these belong to tenant) *Kitchen appliances for all units stay *Communal dumpster on site *Flat yard space available. Centrally located near Roosevelt Swim Center and local businesses, call today! Listed by Pete Jensen, KWBH, 605-484-6713.
General Amenities
Interior Amenities
Community Amenities
Appliance Amenities

Lot Type : Flat,Corner
Heat : Electric,Forced Air,Gas
Cooling : None
Siding : Frame
Roof : Composition
Year Built : 1924
Zoning : Unknown
View : City,Trees
304 Racine
Rapid City, South Dakota 57701
Subdivision: BLAKES ADD
County: Penington
Region: North
Sale Type: For Sale
Ref #: 150921
Category: Multi-Family
181 Hits
Listed by PETE JENSEN - KELLER WILLIAMS REALTY BLACK HILLS [For Sale]