1127 Holcomb Avenue Rapid City, SD 57701
Listing Courtesy of: MOUNT RUSHMORE AOR / Keller Williams Realty Black Hills Sp

  1127 Holcomb Avenue Rapid City, SD 57701

Active

Description

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. Dont 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

MLS #:
82305
Lot Size
6,970 SQFT
Type
Multifamily
Year Built
1959
Style
Up & Down
School District
Rapid City
County
Pennington County

Listed By

Madison Reeves, Keller Williams Realty Black Hills Sp
Source
MOUNT RUSHMORE AOR
Last checked Dec 26 2024 at 5:28 PM GMT+0000
Bathroom Details
Subdivision
  • Millard Addition
Property Features
  • Foundation: Poured Concrete Found.
Heating and Cooling
  • Baseboard
  • Forced Air
  • Electric
  • Natural Gas
Basement Information
  • Full Basement
  • Walkout
Exterior Features
  • Paved Street
  • Shed
Utility Information
  • Fuel: Electric, Gas
Parking
  • Other (See Remarks)
  • Assigned
  • Paved
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 26, 2024
Price Changed
$290,000
-2%
-5,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Associated Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Mount Rushmore Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/26/24 09:28