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.
Presented By: THE REAL ESTATE GROUP, INC.
Interior Features for 118 E Signal Dr
Other Interior Features
Total Number of Units2
Unit FeaturesAll Units, Some Units, Window Coverings, Patio, LR/DR Combo, Kit/DR Combo, Smoke Free, Individual Water Heaters, Individual Heat, Laundry Hookups, Fenced Yard
General for 118 E Signal Dr
Auction Y/NNo
CityRapid City
CoolingNone
CountyPennington
Docs on FileOwner Operating Stmt, List of Furnishings, Survey, Leases, Financials, Property Disclosure
HeatingForced Air, Natural Gas
Originating MLSBlack Hills AOR
ParkingGarage, Street
Postal Code57701
Primary CityRapid City
Public RemarksThis 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. U
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