507, 509, 509.5 S 34th Street

    Billings, MT 59101
    • $139,000
    • STATUS: Active
    • ON SITE: 130 days
    • MLS #: 288523
    UPDATED: 53 min ago
    $139,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great Investment Opportunity!! Strong cash flow and Cap Rate... 2- 1bdr. units and 1 Studio unit on 2 separate lots. Affordable rental units always in demand. Units 1 & 2 currently rented. Unit 3 recently remodeled and rented at $475.00. Unit 1, has been rented to current tenants for 5+years $525.00 mo. Property owner is a licensed Real Estate Broker in the state of MT. average 10% cap rate.

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    © 2018 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 12/18/2018.
    www.billingshomesforsale.com/homes/86432189

    507, 509, 509.5 S 34th Street Billings, MT 59101

    • Price: $139,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 288523
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1940
    Built
    Neighborhood:
    Billings Original Townsite
    County:
    Yellowstone
    Area:
    (04) South Billings
    Elementary School:
    Orchard
    Middle School:
    Riverside
    High School:
    Senior High
    Property Description
    Great Investment Opportunity!! Strong cash flow and Cap Rate... 2- 1bdr. units and 1 Studio unit on 2 separate lots. Affordable rental units always in demand. Units 1 & 2 currently rented. Unit 3 recently remodeled and rented at $475.00. Unit 1, has been rented to current tenants for 5+years $525.00 mo. Property owner is a licensed Real Estate Broker in the state of MT. average 10% cap rate.
    Exterior Features

    Built Info Existing Color Gray Construction Siding Frame Lot Description InteriorLevel Misc Features FencedW/D Hookups Number Of Parking Spaces 2 Roof Asphalt Style Cottage

    Interior Features

    Heating Electric BaseboardGas Wall Number Of Fireplaces 0 Number Of Levels 1

    Property Features

    Annual SID 0 Cooling Window Disclosure On File Finance Type CashNew Loan Gross Income 19200 Insurance 650 Net Income 15800 Operating Expenses 2750 Possession At Closing Property Sub Type 2 Houses Rent Efficiency 475 Rent1 Bedroom 600 Sewer Public Total Taxes 1860 Units Efficiency 1 Units1 Bedroom 2 Water Public Zone Other

    Listing information © 2018 Billings Association of Realtors MLS
    Listing courtesy of Kellie Saville of Metro, Realtors L.L.P
    © 2018 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 12/18/2018.
     
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    Billings MT, 59102