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This tri-plex is close to downtown Rapid City, new roof and siding in 2020, new electrical meters to all three units and individual gas meters to all units, lots of off-street parking for the tenants, rents are under market and should be adjusted and a water fee should be applied, landlord replaced some windows and decking in 2023 so maintenance expenses were higher than usual, Lots of upside for the right owner, no on street parking the parking is off the alley behind the tri-plex. Seller is now offing a $2500 credit at closing to buy down the interest rate, closing costs or improvements.
Listed By
Agency Name: THE REAL ESTATE GROUP, INC.
Agency Phone: 605-343-8800
Agent Name: JOHN ROBERTS
Shown By
Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544