10 E Quincy Street, Rapid City, SD 57701 Photo
10 E Quincy Street Rapid City, SD 57701
$990,000
ACTIVE / MLS# 87660 / Multi Unit - Multiple / Rapid City
0 Beds

10 E Quincy Street | Rapid City, SD | 8-Unit Multifamily Investment | Listed by Lori Barnett | Engel & Vlkers Black Hills | 605.786.5817 Located minutes from the South Dakota School of Mines & Technology and downtown Rapid City, this 8-unit, non-conforming multifamily property is a compelling acquisition for investors building a Black Hills real estate portfolio. Situated in Rapid City's city center, one of the most consistently occupied rental corridors in Western South Dakota, the building features a diverse unit mix including two studios at $650-700/month, five 2-bedrooms at $1,100/month, and one 3-bedroom at $1,500/month. Coined, common laundry. Dedicated off street parking. All utilities are landlord-paid. Rapid City's continued population growth, low multifamily vacancy rates, and proximity to major employers support strong long-term demand for rental housing in South Dakota.

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Estimated Payment

$ 2,488.75 per month $2,200.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $288.75 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Heating: Hot Water
Home Style: 2 Story
Lot Size: 0.16 Acres
Roof Type: Composition
Year Built: 1957

Feature Descriptions

Basement/ Foundation: Full Basement, Walkout
Days on Site: 34
Safety Features: Smoke Detectors

Schools

School District: Rapid City

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Engel & Voelkers Black Hills Spearfish

Shown By

Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544

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