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  • $365,000

    1615 38th St, Rapid City, SD 57702

    5beds
    --baths
    1,472sqft
    Triplex
    Built in 1958
    -- sqft lot
    $384,500 Zestimate®
    $248/sqft
    $-- HOA

    What's special

    Investor's Dream Triplex in Rapid City! Welcome to your next real estate investment opportunity! This fantastic 2,944 sqft triplex in the heart of Rapid City boasts an upstairs unit with three bedrooms, one bathroom, and a one-car garage currently leased at $1,000 per month, which can be increased to around $1,700/month as soon as the lease term is up, making it an ideal steady income source. Two one-bedroom, one-bathroom units on the lower level rent for $900 each, 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. Don't miss this fantastic investment opportunity in Rapid City! . . Listed by Jeffery Christians, Real Broker LLC, and co-listed by Beth Staeckeler, Real Broker LLC, 631-902-6095

    Zillow last checked: 7 hours ago

    Listing updated: February 29, 2024 at 09:16am

    Listed by:

    Jeffery Christians,

    Real Broker Spearfish,

    Beth Staeckeler,

    Real Broker Spearfish

    Bought with:

    NON MEMBER

    NON-MEMBER OFFICE

    Source: Mount Rushmore Area AOR,MLS#: 77999MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Heating
    • Electric, Baseboard
    Cooling
    • Window Evap.
    Features
    • Basement: Full
    Interior area
    • Total structure area: 1,472
    • Total interior livable area: 1,472 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Entry location: Private Entrance
    Lot
    • Size: 8,712 sqft
    Details
    • Parcel number: 3704377006

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1958

    Utilities & green energy

    • Electric: Breaker

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Rapid City
    • Subdivision: Leisure Acres

    Other

    Other facts
    • Listing terms: Cash,New Loan
    Services availability
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