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$1,250,000
14 Days On Site
305 S 32nd StreetBillings, MT 59101
For Sale|Multi Family|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
7,608
SqFt
$164
/SqFt
1912
Built
Subdivision:
Billings Original Townsite
County:
Yellowstone
Listing courtesy of Jeffrey Klaus of Meridian Real Estate LLC
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The 9 Sisters – 11-Unit Multifamily Investment Opportunity Professionally managed 11-unit multifamily property generating $11,800 in monthly gross rents. Unit mix includes (2) 3-bedroom units, (2) 1-bedroom units, and (7) 2-bedroom units. Two units have been recently updated; the remaining units are in average rental condition. Street parking available. Total annual income: $141,600; estimated annual expenses: $53,160; net operating income: $88,440. Reflecting a 7.1% cap rate. Fully occupied, offering immediate cash flow with potential for increased returns through further renovations and rent adjustments.
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Listing Snapshot
Price
$1,250,000
Days On Site
14 Days
Bedrooms
N/A
Inside Area (SqFt)
7,608 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.8035 Acres
Year Built
1912
MLS® Number
351932
Status
Active Under Contract
Property Tax
$12,000
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
yesterday | Status changed to Active Under Contract | |
yesterday | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen on site |
General Features
Acres
0.8035
Disclosures
Disclosure On File
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
7608
Stories
One
Style
Cottage, Ranch
Water Source
Public
Zoning
Neighborhood Mixed-Use
Interior Features
Heating
Natural GasForced AirOther
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Exterior Features
Roof
Shingle
Community Features
Financing Terms Available
Cash
MLS Area
(04) South Billings
Schools
School District
Unknown
Elementary School
Orchard
Middle School
Riverside
High School
Senior High
Listing courtesy of Jeffrey Klaus of Meridian Real Estate LLC
All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Copyright © Billings Association of REALTORS® Incorporated and Billings Multiple Listing Service Incorporated.
All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Copyright © Billings Association of REALTORS® Incorporated and Billings Multiple Listing Service Incorporated.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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