NOT LISTED FOR SALE
Studio
-- Baths
-- Sq Ft
1956 Built

Sale Details

Date Sold: November 29, 2017

Last sale price $310,000

30 Days on Market

Highlights

  • Public Water Access
  • Balcony
  • Hot Water Heating System
  • City View
  • Forced Air Heating System
  • Private Entrance

About This Home

As of November 2017

Investment Opportunity offering a generous cap-rate. Here is an 8-Plex for sale within walking distance to School of Mines and downtown. One 3-bedroom unit, five 2-bedroom units, and two efficiently style 1-bedroom units. Rents currently total approx. $5365 per month. Owner pays utilities: water, sewer, garbage, electric, and gas. There is dedicated parking in-front on E Quincy Street, and 4 or 5 more spaces in the alley, gravel parking. Estate Sale; Seller's Representative prefers to sell As-Is. Great central location, friendly tenants, easy lawn care, and tremendous investment potential. Call today to schedule your private tour.

Last Agent to Sell the Property

Amanda Kirschenman

COLDWELL BANKER BLACK HILLS LEGACY Listed on: 09/19/2017

COLDWELL BANKER BLACK HILLS LEGACY

Last Buyer's Agent

Joe Vallette

THE REAL ESTATE GROUP, INC.

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1956

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Hardboard

Outdoor Features

  • Public Water Access
  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Public Septic

Additional Features

  • City Views
  • Private Entrance
  • Finished Basement

Community Details

Overview

  • 8 Units
  • Morgans Add Subdivision

Building Details

  • Electric Expense $500
  • Fuel Expense $155
  • Trash Expense $158
  • Water Sewer Expense $190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,741

Year Built

Built in 1956

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multiplex
  • Lvt Date: 09/19/2017
  • View: City
  • Year Built: 1956
  • Includes: Some Units, Refrigerator, Range/Oven, Disposal
  • Miscellaneous: Master Meters, Multi-Unit Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: +
  • Total Sq Ft: +

Exterior Features

  • Construction: Hardboard
  • Roof: Composition

Garage/Parking

  • Parking: Street

Utilities

  • Heating: Electric, Forced Air, Gas, Hot Water
  • Sewer: City
  • Water: City

Fee Information

  • Electricity Expense: 500
  • Gas Expense: 155
  • Trash Expense: 158
  • Water Sewer Expenses: 190

Lot Info

  • Lot Size: .16
  • Lot Type: Flat
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Multiple
  • Who Pays Electricity: Owner
  • Who Pays Gas: Owner
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2016
  • Taxes: 2741.40

Multi Family

  • Number Of Units: 8
  • Vacancy Rate: 0 - 5%, 5 - 10%
  • Unit Features: Some Units, Balcony/Deck, Kit/DR Combo, Common Utility Room, Finished Basement

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$310,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/29/2017 11/29/17 Sold $310,000 -16.7% --
10/19/2017 10/19/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $372,000 -- --
Source: Black Hills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,940 $519,700 $35,000 $484,700
2025 $6,940 $519,700 $35,000 $484,700
2024 $6,664 $487,700 $35,000 $452,700
2023 $5,646 $399,000 $35,000 $364,000
2022 $5,076 $334,300 $35,000 $299,300
2021 $5,143 $309,200 $35,000 $274,200
2020 $5,460 $317,800 $35,000 $282,800
2019 $4,924 $291,900 $35,000 $256,900
2018 $3,810 $281,900 $35,000 $246,900
2017 $2,773 $223,300 $35,000 $188,300
2016 $2,806 $152,600 $35,000 $117,600
2015 $2,806 $147,000 $35,000 $112,000
2014 $2,847 $145,200 $35,000 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 135899

Black Hills Association of REALTORS®
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