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

South Billings (Billings, Montana, US - 59101)
MLS® $179,000 Strong Cap Rate Performer




"Exterior Up-Grades!"
 

1st Realty


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

Address: 119-121 Monroe Street Type: Multifamily Style: Side-by-side with garages Bedrooms: 4 "2 each side" Bathrooms: 2 "1 Full Bath Each Side" Garage: Single, Attached "2 single garages" Basement: Yes, Full "Unfinished" Size: 3,360 sq. ft. "1680 per side (840 up, 840 down)" Lot Type: Rectangular Lot Size:  6250 sq. ft.  n/a "R-6000" Year Built: 1977 "Built for Owner-Occupant" Taxes: $1,427.00 (2007) Condo Fees: $0.00 MLS®: 192062
 
Description

Reduced TO $179000

Rents $725/side. CAP Rate +8.3%!

8.3% CAP Rate. Large Side-by-Side Duplex that offers Single car garage, full unfinished basements, fenced yards, A/C, GFA Furnace, Fireplaces, Offstreet Parking, Exterior Painted & New Metal Roof in 2007. Current Rents may be below market rate. One unit is currently Section 8.

Agent must be present. One tenant does have a dog. Tenants Pay Gas & Electric. Owner Pays Water, Ins., Taxes. May Make a great future "1st Time Affordable Home Buyer Condo Conversion Project". Or maybe a 4-plex???

Property is agent owned.

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

Agent Owned Side-By-Side Duplex. Large Duplex with unfinished basements.
Rents $725/side. CAP Rate +8.3%!

Features
Interior Features
 Carpeted Floors  Fireplace
Heating
 Forced Air  Natural Gas
Exterior Finish
 Masonite  Wood
Sewer/Water Systems
 Public
Roof
 Metal
Lot Features
 Deck  Fenced Yard  Lawn
 Trees / Shrubs
Appliances
 Oven Range  Refrigerator
Extra Features
 Cable Available  Garage Door Opener
Cooling
 Central Air
P2#1856089

Information obtained from sources believed to be reliableand is deemed to be correct but not guaranteed. All interested parties to perform their own due diligence to their statisfaction.


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