1925 Twin Elms Dr, Rapid City, SD 57702

Great investment property! 5 Unit property- featuring 1: 3 bedroom/2 bath and 4: 2 bedrooms/1 bath. All New Hardy Board Siding, Roof, and Wood Shakes are currently being installed. New hallway carpet in the corridor to be installed soon as well. Commercial Coin Operated Washer and Dryer, additional income around $180 month. Commercial washer was replaced in 2020. Parking is provided in the front and back of the building for each tenant, 2 dedicated spots per unit. Room for possible garages. Owner pays water/sewer and trash for the property. Along with the gas and electric for the halls and utility room. There are 5 furnaces and 5 hot water heaters. Each apartment has a stove and refrigerator, kitchen island opens up/overlooks the living room. 2 units have current leases the other three are currently month to month. Total Rents are currently $4,150/month and raising to $4,300/month on 9/1/21.