115 S 8th Street West

    Billings, MT 59102
    • $699,900
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: 291527
    UPDATED: 43 min ago
    $699,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,178
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Investors take a look 10 separate rental units on one property! Current total rents are $5,446.00 a month. 2 commercial shop office spaces, 4 residential rentals, 3 garages and 1 shed. Low vacancy rate and virtually no yard maintenance as mostly paved no lawn to maintain. All but one unit is leased or rented and the only one not rented is a garage the owner uses for personal use. 6.7% Cap Rate.

    Monthly Payment Calculator

    © 2019 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 3/20/2019.
    www.billingshomesforsale.com/homes/89862259

    115 S 8th Street West Billings, MT 59102

    • Price: $699,900
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 291527
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,178
    SQFT
    $98
    $/SQFT
    1953
    Built
    Neighborhood:
    Cloverdale
    County:
    Yellowstone
    Area:
    (08) West Billings
    Property Description
    Investors take a look 10 separate rental units on one property! Current total rents are $5,446.00 a month. 2 commercial shop office spaces, 4 residential rentals, 3 garages and 1 shed. Low vacancy rate and virtually no yard maintenance as mostly paved no lawn to maintain. All but one unit is leased or rented and the only one not rented is a garage the owner uses for personal use. 6.7% Cap Rate.
    Exterior Features

    Alley YN 0 Building Type MixedShopWarehouse Built Info Existing Construction Siding Metal Loading None Number Of Parking Spaces 14 Parking Desc Blacktop Road Frontage 0 Road Surface Asphalt Roof AsphaltMetalShingle Sidewall Height 12

    Interior Features

    Ceiling Height 0 Heating Electric BaseboardGas Forced Air Number Of Levels 1 Office Sq Ft 700 Retail Sq Ft 0 Shop Or Warehouse Sq Ft 2500

    Property Features

    Annual SID 0 Annual Utility Costs 7848 Cooling Window Disclosure On File Elec Meters 5 Elec Phase Num 3 Finance Type New Loan Gas Meters 4 Gross Annual Income 65352 Leased YN Yes Net Income 46704 Number Volts 480 Number Water Meters 1 Operating Expenses 17014 Possession At Closing Present Use ApartmentsAuto ShopShop Property Sub Type Office/Warehouse Rail YN No Restrictions Deed Sales Includes BuildingLand Sewer Public Total Taxes 5409 Type Of Business Shop/Office/Residential Water Public Zone Controlled Industrial

    Listing information © 2019 Billings Association of Realtors MLS
    Listing courtesy of Ryan Brownell of Montana Real Estate Brokers
    © 2019 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 3/20/2019.
     
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