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    215 Lindbergh Ave

    Rapid City, SD 57701
    • $1,200,000
    • STATUS: Active Under Contract
    • ON SITE: 79 Days
    • MLS #: 155424
    Under Contract
    UPDATED: 40 min ago
    $1,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1999
    County:
    Area:

    School Ratings & Info

    Description

    Well-maintained, 12 unit, 2-story apartment building on Rapid Citys north side. Great opportunity to invest in Rapid City's competitive housing market boosted by the expansion of Ellsworth Air Force Base and South Dakotas business-friendly climate. 2 bed, 1 bath units rented from $695 to $825 with additional $35 utility fee. Room for rent increases to match current market rates as well as opportunities for value-add upgrades for additional income. Close to shopping, restaurants, schools, I-90 and only 10 miles from Ellsworth Air Force Base. Individual units updated with LVT flooring in the kitchen and living areas, carpeted bedrooms, tiled bathrooms. Each unit has an deck or patio. Common areas include front entrances, hallways, and three laundry rooms. Low-Income Housing Tax Credit (LIHTC) qualifed census tract (103). Listed by Chris Long, Keller Williams Realty Black Hills, 605-939-4489.

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    © 2021 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Black Hills SD Realty. Data last updated: 2021-10-16T22:16:16.947.
    www.blackhillsrealtyhomes.com/homes/119809929
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    215 Lindbergh Ave Rapid City, SD 57701

    • Price: $1,200,000
    • Status: Active Under Contract
    • Updated: 40 min ago
    • MLS #: 155424
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1999
    Built
    Neighborhood:
    Mahoney Add
    County:
    Pennington
    Area:
    North
    Property Description
    Well-maintained, 12 unit, 2-story apartment building on Rapid Citys north side. Great opportunity to invest in Rapid City's competitive housing market boosted by the expansion of Ellsworth Air Force Base and South Dakotas business-friendly climate. 2 bed, 1 bath units rented from $695 to $825 with additional $35 utility fee. Room for rent increases to match current market rates as well as opportunities for value-add upgrades for additional income. Close to shopping, restaurants, schools, I-90 and only 10 miles from Ellsworth Air Force Base. Individual units updated with LVT flooring in the kitchen and living areas, carpeted bedrooms, tiled bathrooms. Each unit has an deck or patio. Common areas include front entrances, hallways, and three laundry rooms. Low-Income Housing Tax Credit (LIHTC) qualifed census tract (103). Listed by Chris Long, Keller Williams Realty Black Hills, 605-939-4489.
    Exterior Features

    Construction Frame Entrance Community Entrance Lot Size 0.61 Lot Type Flat Parking Paved Roofing Composition Style 2 Story View City

    Interior Features

    Cooling Wall Foundation Poured Concrete Heating ElectricBaseboard

    Property Features

    Auction YN No Documents On File Leases Features All UnitsPatioBalcony/DeckLr/Dr ComboKit/Dr ComboUnfinished Basement Includes All UnitsRefrigeratorRange/Oven Miscellaneous Separate MetersIndividual Water HeatersIndividual Heat &Amp; Air Multifamily Type Multiplex Possession Immediate Safety Features Smoke DetectorsFire Alarm Sewer City Tenancy Type 1 Year LeaseMonth To Month Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Conforming

    © 2021 Black Hills Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Christopher Long of Keller Williams Realty Black Hills.


    © 2021 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Black Hills SD Realty. Data last updated: 2021-10-16T22:16:16.947.
     
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    Black Hills SD Realty
    4905 5th Street, Ste. 101
    Rapid City SD, 57701