720 Haines Avenue

Rapid City, SD 57701

About this property

Excellent investment opportunity with this well-maintained up and down legally conforming duplex featuring Two 674 square foot units each with 2 bedrooms and a bathroom. This multi-family property offers immediate rental income with current rates of $955 monthly for the upper unit and $925 for the lower unit, which is currently vacant and ready for new tenants. Recent updates throughout the property. The duplex's strategic location provides tenants with convenient access to City Parks, nearby shopping, and essential services including grocery stores and gas stations within easy reach. Whether you're an investor looking to expand your portfolio or a first-time buyer seeking rental income to offset mortgage payments, this property delivers solid fundamentals. The combination of updated features, competitive rental rates, and desirable neighborhood amenities creates an attractive package for both current and future tenants.

About this property

Excellent investment opportunity with this well-maintained up and down legally conforming duplex featuring Two 674 square foot units each with 2 bedrooms and a bathroom. This multi-family property offers immediate rental income with current rates of $955 monthly for the upper unit and $925 for the lower unit, which is currently vacant and ready for new tenants. Recent updates throughout the property. The duplex's strategic location provides tenants with convenient access to City Parks, nearby shopping, and essential services including grocery stores and gas stations within easy reach. Whether you're an investor looking to expand your portfolio or a first-time buyer seeking rental income to offset mortgage payments, this property delivers solid fundamentals. The combination of updated features, competitive rental rates, and desirable neighborhood amenities creates an attractive package for both current and future tenants.

Features and Additional Information

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$215,000 Active
1,344 sqft

Presented By Real Estate Center of Spearfish

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Get in touch today! Phone: 1-605-642-2525
Brokerage
The Real Estate Group Rapid City
1-605-343-8800
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Area Information

Rapid City North | Pennington County | North Rapid Addition

$ 215,000
This listing is play_arrow 3.3% lower than the average in the area
$ 222,450 in the area
1,344 SqFt
This listing is play_arrow 27.3% smaller than the average in the area
1,848 SqFt in the area
$ 160 $/SqFt
This listing is play_arrow 24.1% more than the average in the area
$ 129 $/SqFt in the area
34 days on site
This listing is play_arrow 75.3% below the average in the area
138 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By John Roberts
Brokerage: The Real Estate Group Rapid City

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