VERY WELL MAINTAINED SIX PLEX. ONE ONE BEDROOM, FIVE TWO BEDROOM UNITS. TWO BEDROOM UNITS ARE IDENTICAL.AMPLE PARKING GOOD LOCATION CLOSE TO PARK, SHOPPING ETC. RENTS ARE LOW DUE TO LONG TERM TENANTS. UNITS 5 AND 6 HAVE LONG TERMS LEASES . UNIT 5 PAYS $650 A MONTH AND LEASE ENDS 5-15-2022. UNIT 6 PAYS $625 AND LEASE ENDS 5-15-2021. UNIT TWO HAS A ONE YEAR LEASE FOR $700. MAN AND HIS SON IF THE SON MOVES OUT RENT DROPS TO $650. UNITS 1,3, AND 4 ARE VACANT. EACH APARTMENT HAS A STORAGE UNIT. CURRENTLY COIN OPERATED WASHER AND DRYER ARE CONTRACTED WITH PRIVATE COMPANY.
Sold for $975,000 on 06/12/23
$975,000
725 Fairview St, Rapid City, SD 57701
--beds
0baths
--sqft
MultiFamily
Built in 1966
-- sqft lot
$876,300 Zestimate®
$--/sqft
$1,305 Estimated rent