123-211 E NOWLIN $1,320,000

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    123-211 E NOWLIN Rapid City, SD 57701

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 155425
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    Views: 179 Days On Site: 54

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    Property Details

    Great opportunity to invest in Rapid City's increasingly competitive housing market boosted by the expansion of Ellsworth Air Force Base and South Dakota's 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.

    • General Features
      • Zoning Conforming
      • Year Built 1963
      • Area North
      • Auction Y/N No
      • County Pennington
      • MISCELLANEOUS Separate Meters,Individual Water Heaters,Individual Heat & Air
      • Subdivision NOWLIN & WOOD
      • View City
      • Sale/Rent For Sale
    • Building Features
      • Air Conditioning Wall
      • Construction Frame,Wood
      • Foundation Poured Concrete
      • Heating Forced Air
      • ROOF Tar & Gravel,Other
      • Style 1 Story
    • Property Features
      • Lot Size 0.89
      • INCLUDES All Units,Refrigerator,Range/Oven
      • Lot Type Flat, Corner
      • WATER City
      • PARKING Paved,Street,Off Site,See Remarks
      • SEWER City

    Contact

    CHRISTOPHER LONG

    CHRISTOPHER LONG

    KELLER WILLIAMS REALTY BLACK HILLS

    KELLER WILLIAMS REALTY BLACK HILLS

    Primary: 605-939-4489

    Neighborhood

    57701 (Rapid City) Demographics

    34 Median Age
    637 Population Density (per sq. mile)
    33% College Educated
    $41,316 Estimated Median Income
    9,970 Estimated Total Home Owners
    7,926 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    45,122 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    107 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,320,000
        7/28/2021 6:24:00 PM New in Database Source: Multiple Listing Service New Value: $1,320,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.