Property Listing No Longer Available for Sale

3507-3513 Montana Ave, Billings, MT

Multi-family for Sale - $399,000 - 4,624 Sq. Ft. on 0.3 acres


Property Info

CIMLS#1050097
Location
  3507-3513 Montana Ave
  Billings MT 59101
UpdatedOctober 1st, 2019
TypeMulti-family
Price$399,000
Building4,624 Sq. Ft.
Land0.3 acres

Property Description

*Newly Remodeled 6 Plex

*For Sale $399,000

*Net Operating Income = $41,894

*10.5% Cap Rate

*Utilities Paid by Landlord

*Landlord Charges an Extra $25/mo for Window AC Units

*3 Buildings on 2 Lots

*Zoned Community Commercial

3507 Montana Ave - Single Family

*New Roof

*New Siding w/ Extra Insulation

*New Windows & Doors

*New 38R Attic Insulation

*New Electric Service Panel

*New Flooring

*New Cabinets

*New Refrigerator

*New Sewer Line 3 Years Ago

*Rents for $975/mo

3511 Montana Ave - Duplex

*New Roof

*New Siding

*New Windows & Doors

*New Electric Service Panels

*New Decks

*Basement apartment completely remodeled ($750/mo)

*Upstairs apartment w/ wood floors ($936/mo)

3513 Montana Ave - Triplex

*New Roof

*New Siding

*New Windows & Doors

*Shared Laundry Facilities

*Front Unit w/ New Carpet ($895/mo)

*Back Unit ($787/mo)

*Basement Unit ($850/mo)


Financials



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