#JustListed Welcome to your next real estate investment opportunity! This fantastic 2,944 sqft triplex in the heart of Rapid City is a gem waiting to be discovered.
Located at 1615 38th Street, this property is priced at just $394,900, making it an even more enticing prospect for savvy investors.
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π‘ Convenient Location
π° Priced at just $399,900 for savvy investors
πΌ Steady rental income potential with three units, recent upgrades, and rent currently below market and can be increased
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The upstairs unit boasts three bedrooms, one bathroom, and a one-car garage, currently leased at $1,000 per month, with the potential to increase the rent to around $1,700/month as soon as the lease term is up.
This makes it an ideal steady income source.
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On the lower level, you'll find two one-bedroom, one-bathroom units, each renting for $900, providing additional rental income.
Recent upgrades including a new roof, fresh paint, new flooring, and sheetrock keep maintenance costs low.
With a convenient location, community laundry, the option for owner-occupancy upstairs, and a private yard, this property offers a versatile investment, ensuring long-term potential and the chance to enjoy comfortable living with rental income at your fingertips.
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https://www.
buyandsellblackhills.
com/homes/1615-38th-Street/Rapid-City/SD/57702/144237958/
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Interested? π For more photos & all the info sent IMMEDIATELY to your cell > just text: "BlackHills" to: "59559" !! So easy! OR Call: βοΈ show contact info
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#justlistedπ³π #SellingBlackHills #SouthDakota #movetosd #blackhills #Realestate #RapidCitySD #christiansteaminc #RealBrokerLLC