4130-4146 Arden Ave, Billings, MT
Multi-family for Sale - $525,000 - 27864 acres
Property Info
CIMLS# | 1054889 |
Location 4130-4146 Arden Ave Billings MT 59101 | |
Updated | August 21st, 2019 |
Type | Multi-family |
Price | $525,000 |
Land | 27864 acres |
Property Description
*Multifamily property - 2 House & 7 Mobile Homes
*For Sale $525,000
*27,864 SF Lot
*Zoned Residential Manufactured Home
*City Water
*Septic Systems, but Sewer Lines are Stubbed in
*Monthly Income = $6,125
*NOI = $53,607 (3 Year Average)
*10.2% CAP Rate
*Owner has complete maintenance log available to prospective buyers
4130 Arden Ave
*6 qty 1960's and 1970's Mobiles
*Rent = $640-$685/mo
4140 Arden Ave
*816 SF 1 Bedroom Home w/ Carport
*Rent = $665/mo
*720 SF 3 Bay Garage (currently used by owner, but could be rented for $450/mo)
4142 Arden Ave
*2 Bedroom Mobile
*Rent = $675/mo
*Shed
4146 Arden Ave
*1,008 SF 2 Bedroom Home
*Shed
*Rent = $860/mo
*1,056 SF Shop (currently used by owner, but could be rented for $660/mo)