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Welcome to this cash-flowing duplex investment property, perfectly set up with an up-and-down layout and a fantastic 6.5% cap rate. Each unit has been thoughtfully updated, making this a prime income-generating opportunity. The basement unit features 2 bedrooms and 1 bathroom with various updates along with new flooring and new paint throughout. The upper unit offers 3 bedrooms and 1 bathroom, blending new flooring with well-preserved original hardwood. The living space has been freshly painted and extends into a covered patio. Recent upgrades include a new roof (2022), new radon mitigation system, newly paved driveways, fresh landscaping, and a fully fenced yard. Each unit has its own washer and dryer for added convenience, and tenants will love the abundant outdoor space and privacy. This is a turn-key investment with strong cash flow, stable income, and upgrades that enhance long-term value. Don't miss out on adding this solid duplex to your portfolio or starting your investment journey (P.S. this could be a great candidate for house hacking)! Listed by Madison Reeves -Keller Williams Realty Black Hills, Spearfish (605) 569-9019
| Last Updated | 11/26/2024 | Tract | Millard Addition |
|---|---|---|---|
| Year Built | 1959 | County | Pennington |
SCHOOLS
| School District | Rapid City |
|---|
Price History
| Prior to Nov 26, '24 | $295,000 |
|---|---|
| Nov 26, '24 - Today | $290,000 |
Additional Details
| APPLIANCES | Dishwasher, Dryer, Refrigerator |
|---|---|
| BASEMENT | Full, Walk-Out Access, Yes |
| CONSTRUCTION | Frame |
| HEAT | Baseboard, Electric, Forced Air, Natural Gas |
| LOT | 6970 sq ft |
| STYLE | Up & Down |
| SUBDIVISION | Millard Addition |
Contact us about this Property
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