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115 S 8th Street West

Billings, MT 59102
  • $749,900
  • STATUS: Active
  • ON SITE: 127 days
  • MLS #: 317032
UPDATED: 95 min ago
$749,900
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment property to add to your portfolio featuring a 1 level residential 4 plex that is side by side, 2 shop office units, 2 garage storage units & a shed. Almost all of the yard is asphalt & the residential units have been updated so very little maintenance. With a cap rate of 8.5% and a gross income of $73,260.00 a year. Fully rented & close to 8th & Central. 3 residential units are 3 bed 1 bath and 1 unit is 2 bed one bath. Currently one of the shops is being rented separately from the office.

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© 2021 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 7/24/2021.
www.mkrealty.org/homes/115248372
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115 S 8th Street West Billings, MT 59102

  • Price: $749,900
  • Status: Active
  • Updated: 95 min ago
  • MLS #: 317032
0
Beds
0
Baths
0
½ Baths
0.47
Acres
1953
Built
Neighborhood:
Cloverdale Sub
County:
Yellowstone
Area:
(08) West Billings
Elementary School:
Washington
Middle School:
Lewis And Clark
High School:
West
Property Description
Great investment property to add to your portfolio featuring a 1 level residential 4 plex that is side by side, 2 shop office units, 2 garage storage units & a shed. Almost all of the yard is asphalt & the residential units have been updated so very little maintenance. With a cap rate of 8.5% and a gross income of $73,260.00 a year. Fully rented & close to 8th & Central. 3 residential units are 3 bed 1 bath and 1 unit is 2 bed one bath. Currently one of the shops is being rented separately from the office.
Exterior Features

Built Info Existing Color White Construction Siding Mixes Lot Description InteriorLevel Misc Features Additional Parking Number Of Parking Spaces 17 Roof AsphaltMetalShingle Style 2 HousesSide By Side

Interior Features

Heating Electric BaseboardGas Forced Air Number Of Fireplaces 0 Number Of Levels 1

Property Features

Annual SID 0 Cooling Other Disclosure On File Finance Type CashNew Loan Gross Income 73260 Insurance 2449 Net Income 59646 Operating Expenses 11163 Possession At Closing Property Sub Type Other Sewer Public Total Taxes 5583 Water Public Zone Light Industrial

Listing information © 2021 Billings Association of Realtors MLS
Listing courtesy of Ryan Brownell of Montana Real Estate Brokers
© 2021 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 7/24/2021.
 
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MK Realty
2409 Arnold Ln, Suite 2
Billings MT, 59102