Description
Prime Investment Opportunity: Seize this exceptional investment with a well maintained duplex, featuring a 4-bed, 1.75-bath unit and a 3-bed, 2-bath unit. Both units offer the convenience of a garage stall and off-street parking. With a strong rental history, this property currently generates a gross monthly income of $2,475. Investment Highlights: High Demand Units:Spacious layouts with modern amenities appeal to a wide range of tenants. Tenant-Paid Utilities:Tenants pay water, sewer, gas, & electric, maximizing your net income. Owner Services:garbage, snow removal, and lawn care. Financials: Annual Gross Income:$29,700 Net Operating Income (NOI):$22,100 CAP Rate:7.37% Cash on Cash Return:5.52% (30-year mort, 25% down, 7% int rate) This duplex is a prime opportunity for investors seeking reliable returns and long-term value. Text/Call John Carlson at 406-390-1381, or your real estate professional today to schedule a viewing & secure this great investment. cap rate for this property is calculated with $3,000 annual taxes, $3,000 annual insurance, and $1600 annual lawn/snow removal expense Cash on Cash Return calculated with a 30-year mortgage, 25% down payment, and 7% interest rate is approximately 5.52%.
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime Investment Opportunity: Seize this exceptional investment with a well maintained duplex, featuring a 4-bed, 1.75-bath unit and a 3-bed, 2-bath unit. Both units offer the convenience of a garage stall and off-street parking. With a strong rental history, this property currently generates a gross monthly income of $2,475. Investment Highlights: High Demand Units:Spacious layouts with modern amenities appeal to a wide range of tenants. Tenant-Paid Utilities:Tenants pay water, sewer, gas, & electric, maximizing your net income. Owner Services:garbage, snow removal, and lawn care. Financials: Annual Gross Income:$29,700 Net Operating Income (NOI):$22,100 CAP Rate:7.37% Cash on Cash Return:5.52% (30-year mort, 25% down, 7% int rate) This duplex is a prime opportunity for investors seeking reliable returns and long-term value. Text/Call John Carlson at 406-390-1381, or your real estate professional today to schedule a viewing & secure this great investment. cap rate for this property is calculated with $3,000 annual taxes, $3,000 annual insurance, and $1600 annual lawn/snow removal expense Cash on Cash Return calculated with a 30-year mortgage, 25% down payment, and 7% interest rate is approximately 5.52%.
© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-12-10T15:18:53.443.
