1311 Carolyn Ct, Rapid City, SD 57701

Property Description

Listed by TJ Wojtanowicz – Black Hills Realty | 605-863-1920. Excellent investment opportunity in Rapid City! This fourplex, built in 2005 and located at 1311 Carolyn Court in the desirable West Boulevard area, offers four income-producing rental units with a current combined monthly rent of $4,700, totaling $56,400 in annual scheduled rental income. The property features an upper-and-lower unit configuration with private entrances, paved parking, individual decks or balconies, kitchen/dining combinations, refrigerators, ranges, dishwashers, window coverings, and laundry hookups. Additional features include electric heating, wall air conditioning, a composition roof, and city water and sewer services. With established tenants and leases in place, this property provides an opportunity for investors looking to expand their rental portfolio. Conveniently located near downtown Rapid City, shopping, dining, and other amenities. Offered at $699,000, or $174,750 per unit. Leases and financial information are available for qualified buyers. Property is tenant-occupied; showings by appointment only with appropriate notice. Buyer and buyer's agent to verify all information.