Description
Exceptional 12-unit Investment Opportunity! Recently renovated w/amazing cash flow & super low vacancy. Turn-key property priced under 100K per unit! Achieving an impressive 8.22 Cap rate with room to grow, GOI is 128,261 & NOI is 100,751. Awesome curb appeal w/lg well-maintained lot, this mid-century garden style, 3-building structure offers 11-1 bds, 12 bd, separate coin-op laundry, 2 additional storage rms-future apt expansion & 5 off-street parking spots. 9 units are fully rehabbed w/ 3 needing further renovations & under market rent providing buyers with a great value-add & projected increase of additional income. Each unit separately metered for electric/gas. A full list of improvements is available & new electrical service/panels, cement work/grading, paint, kitchen cabinets, flooring, lighting, custom tile in baths, vanities, appliances, HVAC. Contact Dustin Young 406-868-0736 or your real estate professional! This building is locally managed by the owners and is very well maintained and managed.
-
0BEDS
-
0.34ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Exceptional 12-unit Investment Opportunity! Recently renovated w/amazing cash flow & super low vacancy. Turn-key property priced under 100K per unit! Achieving an impressive 8.22 Cap rate with room to grow, GOI is 128,261 & NOI is 100,751. Awesome curb appeal w/lg well-maintained lot, this mid-century garden style, 3-building structure offers 11-1 bds, 12 bd, separate coin-op laundry, 2 additional storage rms-future apt expansion & 5 off-street parking spots. 9 units are fully rehabbed w/ 3 needing further renovations & under market rent providing buyers with a great value-add & projected increase of additional income. Each unit separately metered for electric/gas. A full list of improvements is available & new electrical service/panels, cement work/grading, paint, kitchen cabinets, flooring, lighting, custom tile in baths, vanities, appliances, HVAC. Contact Dustin Young 406-868-0736 or your real estate professional! This building is locally managed by the owners and is very well maintained and managed.
© 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: 2024-11-05T07:18:57.243.