Great opportunity for a profitable and affordable investment. Caps out around 10%. Good square footage, long term tenants. Nice kitchen cabinets and great bones throughout. Updated electrical. Plumbing has had a total re-build in the basement. Structure is in the 500 year flood zone, but not the 100 year zone. Laundry in each unit. Large wrap around deck. Mature trees in the back yard. Separate entrances.
Off market
$216,000
829 Lemmon Ave, Rapid City, SD 57701
3beds
0baths
832sqft
MultiFamily
Built in 1952
-- sqft lot
$216,000 Zestimate®
$260/sqft
$1,185 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
Heating
- Forced air
Cooling
- None
Features
- Basement: Finished
Interior area
- Total interior livable area: 832 sqft
Property
Lot
- Size: 6,969 sqft
Details
- Parcel number: 2036253006
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1952
Community & neighborhood
Location
- Region: Rapid City