304 RACINE $324,500


    304 RACINE Rapid City, SD 57701

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 150921
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    Views: 97 Days On Market: 32

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    Property Details

    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 Features
      • Zoning Unknown
      • Year Built 1924
      • Area North
      • Auction Y/N No
      • County Penington
      • MISCELLANEOUS Separate Meters,Individual Heat & Air
      • Subdivision BLAKES ADD
      • View City, Trees
      • Sale/Rent For Sale
    • Building Features
      • Air Conditioning None
      • Construction Frame
      • Foundation Basement
      • Heating Electric, Forced Air, Gas
      • ROOF Composition
    • Property Features
      • Lot Size .29
      • INCLUDES Some Units,Refrigerator,Range/Oven,Dishwasher
      • Lot Type Flat, Corner
      • WATER City
      • PARKING Paved,Street
      • SEWER City






    Primary: 605-484-6713


    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
    140 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $324,500
        8/20/2020 4:24:00 PM New in Database Source New Value: $324,500

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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.