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$ 650,000
Est. payment /mo
Active
307 Saint Anne St Rapid City, SD 57701
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision South Blvd
MLS Listing ID 178784
Style Up & Down
Year Built 1971
Property Sub-Type Fourplex
Property Description
This beautifully updated 4-plex offers the perfect blend of strong cash flow potential and low-maintenance ownership. Situated on a spacious lot with abundant green space, the property provides a desirable setting for both long-term tenants and short/mid-term rental guests. Extensively renovated in 2022, this property has been thoughtfully upgraded from top to bottom. Improvements include all new windows, flooring, doors, cabinets, trim, and fresh paint throughout. Each unit features updated kitchens with new appliances, creating a modern and cohesive feel across the entire property. Major system upgrades have already been handled, including a new boiler system and the addition of mini-split A/C units in the upper units for improved comfort and efficiency. A newly installed coin-operated laundry setup adds an additional income stream, while the new rear patio enhances outdoor living space for tenants. Two of the units are being sold fully furnished, complete with TVs and everything needed to operate immediately as short-term or mid-term rentals, offering a rare opportunity to step into an income-producing setup from day one. Whether you're looking to house-hack, expand your portfolio, or run a hybrid rental strategy, this property checks all the boxes: updated, income-ready, and positioned for flexibility.
Location
State SD
County Pennington
Area Southeast
Zoning Non-conforming
Interior
Heating Gas, Hot Water, Baseboard
Cooling None
Exterior
Roof Type Composition
Building
Foundation Basement, Walkout
Sewer City
Water City
Listed by ASCEND REALTY INC.