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"Cash Flow In Joliet! 6-Rentals/Laundroma"
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| Erich Gabriel |
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Email Erich |
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Phone: |
406-839-9031 |
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Cell: |
406-8614490 |
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Fax: |
406-839-9033 |
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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
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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.
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Seller Provided Numbers:
Gross Inc: $42,480
Oper Exp: $11,700
Net Inc: $30,780
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Many Upgrades Throughout The Building!
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Laundromat Facility Has Big Draw Throughout The Region And Could Be Expand & Now Can Be Sold Separately From Building $35,000--Call Broker Today.
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Great Exposure On Hwy 212 Between Laurel & Red Lodge, MT
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Interior Features
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▪ Carpeted Floors
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▪ Laundry Room
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View
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Exterior Finish
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Sewer/Water Systems
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Roof
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