305 S 32nd ST Billings, MT 59101
7,608 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,608 sqft
Price per Sqft $164
Subdivision Billings Original Townsite
MLS Listing ID 351932
Style Cottage,Ranch
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 7,608
Year Built 1912
Annual Tax Amount $12,000
Lot Size 0.803 Acres
Acres 0.8035
Property Sub-Type Other
Property Description
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. Fully occupied, offering immediate cash flow with potential for increased returns through further renovations and rent adjustments.
Location
State MT
County Yellowstone
Area (04) South Billings
Zoning Neighborhood Mixed-Use
Interior
Heating Forced Air, Gas, Other
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Roof Type Shingle
Building
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Cottage, Ranch
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Orchard
Middle Schools Riverside
High Schools Senior High
Others
Tax ID A01365
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
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