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605.645.8938

1010 N 7th Street Rapid City SD 57701-0000 MLS #78000

1010 N 7th Street
Rapid City, SD, 57701-0000
$344,900
Beds
0 Baths
2,562 SqFt
0.24 Acres
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Prime Investment Opportunity in Rapid City! Welcome to this 2,562 sqft triplex boasting one 2-bedroom, 1-bathroom unit and two 1-bedroom, 1-bathroom units, perfectly positioned for savvy investors. The property’s recent new roof, community laundry, and a private fenced yard enhance its appeal. Its convenient location near parks, restaurants, schools, and attractions ensures a steady stream of potential tenants, making it a lucrative income generator. With ample storage, multiple cabinets, and abundant off-street parking, this triplex caters to tenant needs while offering a hassle-free investment experience. The current rents are below market value and have an opportunity to be increased from $950-1050. Don’t miss this chance to capitalize on a highly desirable property in Rapid City’s thriving real estate market. As an added bonus, a potentially assumable mortgage with very attractive terms is available. . . Listed by Jeffery Christians, Real Broker LLC, and co-listed by Beth Staeckeler, Real Broker LLC, 631-902-6095

Property Details

Price:
$344,900
MLS #:
78000
Status:
Active
Baths:
0
Address:
1010 N 7th Street
Type:
Multi Family
Subdivision:
North Rapid Addition
Neighborhood:
rapidcitynorth
City:
Rapid City
Listed Date:
Oct 9, 2023
State:
SD
Finished Sq Ft:
2,562
ZIP:
57701
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1922
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Fred Wilson

Fred Wilson

Broker Associate

Phone 605.645.1314

I was raised on a ranch west of Buffalo, S.D. and still have a love of the land and the farm/ranch way of life. An interest in the farm/ranch area of real estate naturally follows my upbringing. Newell, S.D. was where I spent the bulk of my career in teaching and coaching. During my 31 year tenure in the Newell School District, I was also active with the Fellowship of Christian Athletes with the high school students, as well as being involved in local church leadership, and church youth work. …

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Schools

Interior

B A S E M E N T/ S U B S T R U C T
Partial Basement
C O O L I N G
Window Evap.
H E A T I N G
Natural Gas

Exterior

C O N S T R U C T I O N
Frame
E X T E R I O R
Paved Street
P A R K I N G
Garage
R O O F
Composition
S I D I N G
Wood Siding

Financial

Unit 1 Rent
$1, 050
Unit 2 Rent
$900
Unit 3 Rent
$1, 000

Map

Community

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disclosure
Courtesy of Real Broker Spearfish. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Dakota Home and Ranch Real Estate include the name of the listing broker. Neither the listing company nor Dakota Home and Ranch Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. . All rights reserved.
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1010 N 7th Street
Rapid City, SD