• 208 E MADISON #206 & 208 E Madi, Rapid City, SD 57701 (MLS # 143405)

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    PRICE $139,900 dsIDX morgage calculator
    BEDS n/a
    BATHS 0 bath
    HOME SIZE n/a
    LOT SIZE n/a

    This side by side Duplex has a 2 bed 1 bath and a 1 bed 1 bath. Separately metered tenants pay Gas and Electric. Separate hot water heaters and heat for both units. Coin operated laundry brings in a little over $100/month depending on use offsetting the owners garbage/water/sewer expense. Newer siding, windows, and roof. With Owners Gross Rental Income at roughly $18,480 and Owners Expenses of $3,835 for Taxes, Insurance, and Water/Sewer. The estimated NOI is $14,645 and Priced at $139,900 would give this property a fair 10.4% Cap Rate. Schedule a viewing today! Listed By Drew Yeoman w/ Black Hills SD Realty @ 484-5392

    DAYS ON MARKET 9 LAST UPDATED 4/17/2019
    TRACT WISE ADD YEAR BUILT 1958
    COMMUNITY North STATUS Conditional
    PROPERTY TYPE(S) Multi Family


    ADDITIONAL DETAILS
    AIR None, Window
    APPLIANCES All Units, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
    AREA North
    BASEMENT Crawl Space
    CONSTRUCTION Hardboard, Other
    EXTERIOR All Units, Common Utility Room, Family Room, Fenced Area, LR/DR Combo
    HEAT Baseboard, Electric, Forced Air, Gas, Radiant Heat
    INTERIOR Private Entrance
    LOT DESCRIPTION Flat
    LOT DIMENSIONS .16
    PARKING Street,See Remarks
    SEWER City
    STYLE Side/Side
    SUBDIVISION WISE ADD
    VIEW Yes
    VIEW DESCRIPTION City
    WATER City
    MORTGAGE CALCULATOR
       

    TOTAL MONTHLY PAYMENT

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    *Estimate only

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    CONTACT US ABOUT 208 E MADISON #206 & 208 E MADI
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    Listing provided by DREW YEOMAN, BLACK HILLS REALTY

    The content relating to real estate for sale on this web site comes in part from the IDX program of the Black Hills MLS.
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