118 E SIGNAL DR, Rapid City, SD 57701
Description of 118 E SIGNAL DR, Rapid City, SD 57701
This frame stucco, nonconforming side-by-side duplex could also work for multi-generational families. Unit 118 features 2 bedrooms, a backyard shed, and a fenced backyard with parking on the street. Unit 120 features 2 bedrooms, a fenced back yard, a shared driveway & 1-stall garage. There is a blocked doorway connecting the two units that could possibly be reopened if desired. Unit 118 tenant broke the lease in September, but was paying $895/mo; unit 120 tenant plans to leave sometime in October and currently pays $925/mo. Laundry hook-ups are in place, but tenants supply their own washer, dryer, and window AC units. Actual income (including late fees) & expenses for 2025 are listed, providing a cap rate of >8%. Listing Agent is an officer of the LLC holding this property.
Property Features of 118 E SIGNAL DR, Rapid City, SD 57701
Duplex
1952
OTHER
Other
Features
| Forced air heat |
| Garage |
| On street parking |
| Frame exterior |
| Patio |
| Level lot |
| Subdivision: OTHER |
| Lot zoned: Non-conforming |
| Smoke alarm |
| Window coverings |
| Composition roof |
| Slab basement |
| Public sewer |
| Public water |
| Units in building(s): 2 |
| For sale |