23 photos
$279,900
109 E Monroe St
Rapid City, SD 57701
TONY MARSHALL, CINC REALTY LLC · (605) 391-8669
What the listing says
PRICED TO SELL! BUILT IN 2007. Listed by Tony Marshall, CINC Realty, 605-391-8669. Well performing investment property with each unit nearly 900 sqft 2 CAR GARAGE. Rents are $1,350 for the upstairs and the RAISED RANCH basement was recently rented for $1,435 which includes rent for the 2 car garage. Landlord pays for water and the tenants pay the rest. There are multiple other income properties that could potentially be sold with this property. Some seller financing terms may be possible.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi-Family
Lot Size
5,227.2 sq ft
HOA
None
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Questions about owner financing in Rapid City
What is owner financing for 109 E Monroe St?
Owner financing means the seller of 109 E Monroe St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Rapid City, SD home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Rapid City home?
There is no standard down payment. The seller of this Rapid City home sets their own, and it is negotiable. Ask the seller or their agent.