1st Realty--Your 1st Stop For Montana Real Estate! Welcome to 1st Realty!

Joliet (Montana, US - 59041)
MLS® $386,000 Commercial Income Bldg.!




"Cash Flow In Joliet! 6-Rentals/Laundroma"
 

1st Realty


Erich Gabriel
 
Erich Gabriel
Email Erich
 
Phone: 406-839-9031
Cell: 406-8614490
Fax: 406-839-9033
 
Details

Address: 101 Main Street Type: Commercial Style: 2 Story "Original Building In Joliet" Lot Type: Rectangular Lot Size:  4900 sq. ft.  Year Built: 1900 "unknown" Taxes: $1,865.00 (2006) Condo Fees: $0.00
 
Description

Great Commercial & Multi-Family Property. Updated & Well Kept In Joliet, MT-->A Growing Little Community Between Laurel & Red Lodge, MT and Only 45-minutes to Billings, MT. The Building Is A Staple Landmark & Features A Coin-op Laundromat Business (which now can be sold separately $35,000), 2 Leased Commercial Units & 4 Rental Apartments. Truly A Must See.

Bring An Offer. Great For 1031 Replacement.

Cap Rate +/-9% (Check the rate you can expect to earn on CDs, MM Accts., Bonds, Etc.--then discover the multiple ways this cash flow building may "work" better for you.)

Combo Property In 1 Building! 4-Apartments, 2 Retail Spaces, Laundromat (Cash Business). Lots of upgrades. Strong Income Performance. Good Exposure.

NOTICE: Offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding acreage, square feet, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but not guaranteed. Prospective buyer(s) should verify all information to their satisfaction.
 
Highlights

Seller Provided Numbers:
Gross Inc: $42,480
Oper Exp: $11,700
Net Inc: $30,780
Many Upgrades Throughout The Building!
Laundromat Facility Has Big Draw Throughout The Region And Could Be Expand & Now Can Be Sold Separately From Building $35,000--Call Broker Today. Great Exposure On Hwy 212 Between Laurel & Red Lodge, MT

Features
Interior Features
 Carpeted Floors  Laundry Room
View
 City Lights  Downtown
Exterior Finish
 Stone  Stucco
Sewer/Water Systems
 Public
Roof
 Other
P2#1343663

Information is deemed to be correct but not guaranteed.


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