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$579,000
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 170062
Style 2 Story
Year Built 1950
Property Sub-Type Multiplex
Property Description
Turn-Key 6-Plex Apartment Building in the growing community of Belle Fourche. This is the perfect investment opportunity, as this community is “up and coming”. Much of the exterior of this building is new, including almost all windows, maintenance-free siding, new sewer line, & updated electrical. The insides are partially renovated as well, with some new flooring, paint & some appliance upgrades. There are 6 dedicate parking spots, and all units have their own exterior doors. Four 2-bedroom units and two 1.5-bedroom units. Annual Rents are currently $59,400; $825 per month each. Units are currently rented, leases are available, and the owners have experienced virtually No Vacancy Rate. This location is close to parks, and close to downtown, with plenty of local charm within walking distance. The current property management is Stewart Property Management, Office Phone: 605-717-0084. This is a well-maintained investment property and will be a smooth transfer.
Location
State SD
County Other
Area Northern Hills
Zoning Conforming
Interior
Heating Gas
Cooling Window
Exterior
Roof Type Tar & Gravel
Building
Foundation Crawl Space
Sewer City
Water City
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Listed by COLDWELL BANKER BLACK HILLS LEGACY
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Nick Dowling
Broker Associate | License ID: 16307
Broker Associate License ID: 16307