725 Fairview Rapid City, SD 57701

725 Fairview Rapid City, Very Well Maintained Six Plex.

Price: $462,500
Address: 725 Fairview
City: Rapid City
State: SD
Zip: 57701
Amenities: Storage,Washer Dryer
Bedrooms: 2
Broker Name: RE/MAX Results
Condition: Resale
Fee: No
Mls Id: 145071
Seller Phone: 6053914300
Seller Type: Agent/Broker
Year: 1966
Provided By: Remax

Description:

VERY WELL MAINTAINED six-plex. ONE 1 BEDs, FIVE two BEDs UNITS. two BEDs UNITS ARE IDENTICAL.AMPLE PARKING GOOD LOCATION CLOSE TO PARK, SHOPPING ETC. RENTS ARE LOW DUE TO LONGTERM TENANTS. UNITS five AND 6 HAVE LONG TERMS LEASES . UNIT five PAYS $650 A MONTH AND LEASE ENDS 5-15-2022. UNIT six PAYS $625 AND LEASE ENDS 5-15-2021. UNIT 2 HAS A ONE YR LEASE FOR $700. MAN AND HIS SON IF THE SON MOVES OUT RENT DROPS TO $650. UNITS 1,3, AND four ARE VACANT. EACH APARTMENT HAS A STORAGE UNIT. CURRENTLY COIN OPERATED CLOTHS WASHER AND DRIER ARE CONTRACTED WITH PRIVATE COMPANY.

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