NOT LISTED FOR SALE

1204 4th St Unit 1204 4th Street Rapid City, SD 57701

Downtown Rapid City Neighborhood
4 Beds
-- Bath
2,142 Sq Ft
1906 Built

Last Sold April 29, 2014

Last sale price $127,500 $60 Per Sq Ft

28 Days on Market

Highlights

  • Public Water Access
  • Forced Air Heating System
  • Lot Has A Rolling Slope
  • City View
  • Private Entrance

About This Home

As of April 2014

Super Cap Rate, Nearly 9% w/ improvements! Easy to care for Triplex in great condition. Always rented. Apartment A upstairs, utilities paid by tenant. Apartment B and C, utilities paid by owner. Water paid by owner. Brand new furnace for B and C. New water heater in 2012. Washer and dryer included on main level. Extra fridge and 2 sets of washer and dryer stored in garage are included. Lawn mower also included! Great location for students and to downtown. Tenants would like to stay. Many improvements in recent years. 2 level garage for storage. On site parking.

Last Agent to Sell the Property

Judy Rohde

INACTIVE OFFICE Listed on: 03/13/2014

Last Buyer's Agent

JIM WHITTAKER

INACTIVE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,835

Year Built

  • Built in 1906

Lot Details

  • Private Entrance
  • Lot Has A Rolling Slope

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • City Views
  • Fire and Smoke Detector
  • Basement

Outdoor Features

  • Public Water Access

Utilities

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

Listing and Financial Details

  • 12 Month Lease Term

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $567
  • Fuel Expense $649
  • Insurance Expense $870
  • Maintenance Expense $1,656
  • Other Expense $362
  • Water Sewer Expense $1,214
  • Gross Income $19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,835

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Style: 2 Story
  • View: City
  • Year Built: 1906
  • Safety Features: Smoke Detectors
  • Includes: All Units, Some Units, Range/Oven, Washer, Dryer
  • Miscellaneous: Separate Meters, Dead Bolt Locks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 624
  • Total Sq Ft: 2142

Exterior Features

  • Construction: Frame
  • Foundation: Basement
  • Roof: Composition

Garage/Parking

  • Parking: Street

Utilities

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

Fee Information

  • Insurance Expense: $870
  • Maintenance Expense: $1656
  • Total Expenses: $5318
  • Electricity Expense: $567
  • Gas Expense: $649
  • Other Expense: $362
  • Trash Expense: water
  • Water Sewer Expenses: $1214

Lot Info

  • Lot Size: .06
  • Lot Type: Rolling
  • Zoning: Non-conforming

Rental Info

  • Type of Tenancy: Six Month Lease, 1 Year Lease

Tax Info

  • Taxes: 1835.00

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: 0 - 5%
  • Unit Features: Extra Storage

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $127,500 -5.5% $60 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $134,900 -- $63 / Sq Ft
Source: Black Hills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 117166

Black Hills Association of REALTORS®