1127 Holcomb Avenue, Rapid City, SD 57701
This cash-flowing duplex is the perfect investment opportunity, offering an impressive 6.5% cap rate and a versatile up-and-down layout. Both units have been thoughtfully updated to attract tenants or provide a fantastic house-hacking opportunity. The lower unit features 2 bedrooms and 1 bathroom, with fresh paint, brand-new flooring, and various upgrades throughout. The upper unit offers 3 bedrooms and 1 bathroom, blending refinished original hardwood with new flooring, all within a freshly painted living space that extends to a cozy covered patio.
Recent updates include a new roof (2022), a radon mitigation system, paved driveways, fresh landscaping, and a fully fenced yard, enhancing both curb appeal and functionality. Each unit is equipped with its own washer and dryer for added convenience, while the outdoor spaces offer privacy and ample room to enjoy. With stable income potential and long-term value built in, this turn-key duplex is ideal for seasoned investors or those starting their real estate journey. Don’t miss this opportunity to expand your portfolio or live in one unit while renting out the other!
5
beds
1,848 Sq.Ft. LIVING AREA
6,969.6 Sq.Ft. lot
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Whether you're buying your dream home or selling a property, Madison’s deep market knowledge and personalized service make her the ideal partner. Contact us today to start your real estate journey!