Skip To Content

    123-211 E Nowlin Street

    Rapid City, SD 57701
    • $1,320,000
    • STATUS: Active
    • ON SITE: 86 Days
    • MLS #: 69301
    UPDATED: 34 min ago
    $1,320,000
    • 0
      BEDS
    • 0.89
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    Area:

    School Ratings & Info

    School District:

    Description

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

    Monthly Payment Calculator



    © 2021 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or VIP Properties. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than VIP Properties are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2021-10-25T11:44:52.48.
    www.rapidcityhomes4sale.com/homes/119882225
    Print Image

    123-211 E Nowlin Street Rapid City, SD 57701

    • Price: $1,320,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 69301
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.89
    Acres
    1963
    Built
    Neighborhood:
    Rapid City
    Area:
    Rapid City
    School District:
    Rapid City
    Property Description
    Great opportunity to invest in Rapid City's increasingly competitive housing market boosted by the expansion of Ellsworth Air Force Base and South Dakotas 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.
    Exterior Features

    Style 1 Story

    Interior Features

    Number Of Units 12

    Property Features

    Auction YN No For Sale Or Rent For Sale Modular YN No Multi Family Property Type Other Pets Allowed YN Yes Short Sale No Subdivision YN No

    Listing information © 2021 Mount Rushmore Area Association of REALTORS®., Inc
    Listing provided courtesy of Christopher Long of Keller Williams Realty Black Hills Rapid City.



    © 2021 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or VIP Properties. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than VIP Properties are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2021-10-25T11:44:52.48.
     
    https://bt-photos.global.ssl.fastly.net/mtrushmore/orig_boomver_1_69301-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/orig_boomver_1_69301-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/orig_boomver_1_69301-2.jpg
    Logo
    VIP Properties
    2828 West Main Street
    Rapid City SD, 57702