NOT LISTED FOR SALE

718 Franklin St Rapid City, SD 57701

Downtown Rapid City Neighborhood
5 Beds
-- Bath
2,418 Sq Ft
10,454 Sq Ft Lot

Last Sold October 01, 2018

Last sale price $213,000 $88 Per Sq Ft

41 Days on Market

Highlights

  • Shed
  • Refrigerated and Evaporative Cooling System
  • 5-minute walk to Wilson Park
  • Forced Air Heating System
  • Private Entrance

About This Home

As of October 2018

Listed by Krysti Schulz Real Estate Center of Sturgis (605)490-2638. The main house features a main level unit with original hardwood floors, a patio door leading to a private deck, 2 bedrooms and an updated bathroom. The unit upstairs is a 1 bedroom efficiency that is quite pleasant. The rear up down duplex with alley access features private entries, off street parking for each unit, 1 bedroom and one bath in each unit. They are easy to maintain with pine lined walls and commercial tile floors. The basement of the main house has a coin operated washer and dryer for all tenants to use. There is additional storage in the basement as well. The property has had many updates recently including new heaters in the rear unit, a new sewer line, newer roofs and bathroom updates and new appliances.

Last Agent to Sell the Property

Krysti Schulz

The Real Estate Center of Sturgis Listed on: 07/17/2018

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1936

Lot Details

  • 10,454 Sq Ft Lot
  • Private Entrance
  • Unpaved Streets

Parking

  • Off-Site Parking

Home Design

  • 2,418 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Metal Siding
  • Galvanized Plumbing
  • Copper Plumbing
  • Masonite

Laundry

  • Dryer
  • Washer

Utilities

  • Refrigerated and Evaporative Cooling System
  • Evaporated cooling system
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • 220 Volts

Additional Features

  • Electric Oven or Range
  • Shed

Community Details

  • 2,418 Sq Ft Building

Listing and Financial Details

  • Tenant pays for gas/electric
  • The owner pays for water/sewer, real estate taxes, insurance
  • Month-to-Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,640

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Basement Substructure: Full Basement, Completely Finished, Unfinished, Outside Entrance Only, Poured Concrete Found.
  • Personal Property: Refrigerator, Electric Range Oven, Washer, Dryer, Window Coverings (Some)
  • Spec Assessment Remarks: Storm water assessment
  • Special Assessment: 47.04
  • Sq Ft Above Grade: 2418
  • Style: Up & Down
  • Systems: Breaker, 220V Service, Copper Plumbing, Galvanized Plumbing
  • Year Built: 1936
  • Estimated Building Sq Ft: 2418
  • Miscellaneous: Separate Meters, Pet Restrictions, Individual Water Heaters, Individual Heat & Air, Dead Bolt Locks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Community Entrance, Private Entrance
  • Total Sq Ft: 2418

Exterior Features

  • Construction: Frame
  • Exterior: Shed, Paved Street, Unpaved Street
  • Roof: Composition
  • Siding: Metal Siding, Masonite Siding

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: Window Evap., Refrig. C/Air
  • Heating: Natural Gas, Forced Air, Floor Furnace

Schools

  • School District: Rapid City

Lot Info

  • Number Of Acres: 0.24

Rental Info

  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer, Real Estate Taxes, Insurance
  • Type of Tenancy: One Year Lease, Month to Month

Tax Info

  • RE Taxes: 3639.58
  • Re Tax Year: 17

Multi Family

  • Number Of Units: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
10/01/2018 10/01/18 Sold $213,000 -5.3% $88 / Sq Ft
07/17/2018 07/17/18 For Sale $225,000 -- $93 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Krysti Schulz

    Seller's Agent in 2018

    Krysti Schulz

    The Real Estate Center of Sturgis

    (605) 490-2638

    134 Total Sales

    Krysti Schulz
    Section Image

  • N

    Buyer's Agent in 2018

    NON MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 58908

Mount Rushmore Area Association of REALTORS®
South Dakota Pennington County Rapid City 57701 Downtown Rapid City

718 Franklin St, Rapid City, SD

Not Listed for Sale

MultiFamily

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