1st Realty--Your 1st Stop For Montana Real Estate!
Welcome to 1st Realty!
Back to Search Results
View More Listings
Details
Photo Gallery
Downtown
(Billings, Montana, US - 59101)
$226,000
Cash Flowing Fixer-Upper
Quick Links
Virtual Tour
Request More Info
Mortgage Calculator
Show Map
Email Listing
Schedule A Showing
Attachments
Get The Brochure Here!
Income & Expense Figures
Get The Brochure Here
"Diamond In The Rough"
More Photos »
1st Realty
Erich Gabriel
Email Erich
Phone:
406-839-9031
Cell:
406-8614490
Details
Address:
415-417 Cook Avenue
Type:
Multifamily
Style:
Updown Duplex & 4-plex on 1 lot
Bedrooms:
7 "Five 1-Bd Units & One 2-B"
Bathrooms:
6 "Full Bathrooms In Each Un"
Garage:
Single, Attached "Currently Used AS Storage"
Basement:
Yes, Partial "Under front unit - dirt"
Size:
4,088 sq. ft. "Per CAMA, 2430 & 1658-sf respectively"
Lot Type:
Rectangular
Lot Size:
8750sq. ft.
n/a "On Street Parking - Variance Maybe Needed*"
Year Built:
1955 "Duplex: 1904; 4-plex 1955"
Taxes:
$2,336.00 (2010)
Condo Fees:
$0.00
Description
GROSS RENT INCOME: +$28,000 PER YEAR - With only 5 of 6 Units Rented!!!!
The Best Of All Types Of Income/Investment Property! Fix It Up While Collecting Strong Market Rents - with potential for more (across the street they're already getting $475/1-BD)!
***6-Units: Front Building Has 2 Units (One Needs Refurbishing) Back Building Has 4 Units.
Qualified Showings Only. This Is A Great Opportunity To Purchase A Cash Flowing Multi-Family Fixer-upper. Front unit has 2-bedrooms 1-bathroom on the main level with a 1-Bedroom 1-Bathroom Upper level apartment (currently vacant and in need of rehab). Back 4-plex features 1-bedroom, 1-bathroom units with hardwood floors. There is one set of coin-op laundry units off the back of the attached 1-car garage. All, but one, parking is on the street. ***There Is A 1st Position Contract For Deed That May Be Assumable Upon Approval Of Note Holder (+/-$76,591).***
Highlights
▪
Priced At Taxed Assessed Value - Firm.
▪
Nice Cash Flow While Fixing It Up!
▪
Qualified Showings Only.
▪
Property Is Agent Owned.
▪
Assumable CFD OAC!
▪
*SELLER MAY BE ABLE TO WRAP A CONTRACT FOR DEED*
▪
Or $100K Down Balance Carried @ 4.0% INT., 40-YR Amort. - Balloon In 18-Months!
Features
Interior Features
▪
Carpeted Floors
▪
Hardwood Floors
Cooling
▪
3+ Window / Wall Unit
Exterior Finish
▪
Asbestos
▪
Wood
Heating
▪
Forced Air
▪
Natural Gas
▪
Other
Roof
▪
Asphalt
Sewer/Water Systems
▪
Public
Appliances
▪
Dryer
▪
Oven Range
▪
Refrigerator
▪
Washer
Lot Features
▪
Lawn
▪
Trees / Shrubs
P2#2300189
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.
Seller Login
Real Estate Marketing
& Listing Syndication By Point2
Search
Homes for Sale
With Point2