725 FAIRVIEW, Rapid City, SD 57701  

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.

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  • Listing Type Multi-Family
  • Listing ID 145071
  • Lot Size 10,454.00 sqft
  • Listing Status Active
  • Year Built 1966
  • County Pennington County
  • Subdivision Flormann Add
  • Units 6
  • Zoning Unknown
Listing courtesy of GENE HENSLEY~RE/MAX RESULTS

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Price History

Date Listed at or
8/8/2019 $462,500 $17,500
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