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3838 State Avenue

Billings, MT 59101
  • $384,500
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 324868
New On Site 6 Days Ago
$384,500
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Information

Elementary School:
Middle School:
High School:

Description

With a gross rental income of $40,200 year, this is an excellent income property opportunity! A clean 4plex in this price range is a RARE find! One of the downstairs units is completely brand new and will be kept open for showings, so there is owner-occupy potential here as well. LONG term tenants are established in the other units who take excellent care of their spaces, and plenty of updates have been completed on the property. This building is a piece of State Ave history, having been both a grocery store and barber shop at one point in time. These opportunities are difficult to come by!

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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 11/29/2021.
www.mkrealty.org/homes/123487470
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3838 State Avenue Billings, MT 59101

  • Price: $384,500
  • Status: Active
  • On Site: 6 Days
  • MLS #: 324868
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1940
Built
Neighborhood:
State Realty Add
County:
Yellowstone
Area:
(04) South Billings
Elementary School:
Orchard
Middle School:
Riverside
High School:
Senior High
Property Description
With a gross rental income of $40,200 year, this is an excellent income property opportunity! A clean 4plex in this price range is a RARE find! One of the downstairs units is completely brand new and will be kept open for showings, so there is owner-occupy potential here as well. LONG term tenants are established in the other units who take excellent care of their spaces, and plenty of updates have been completed on the property. This building is a piece of State Ave history, having been both a grocery store and barber shop at one point in time. These opportunities are difficult to come by!
Exterior Features

Built Info Existing Construction Siding MetalStucco Style 2 Story

Interior Features

Heating Gas Forced Air Number Of Fireplaces 0

Property Features

Annual SID 0 Cooling None Disclosure On File Finance Type CashNew Loan Gross Income 40200 Net Income 34800 Possession At Closing Property Sub Type 4-Plex Rent Efficiency 1000 Rent1 Bedroom 725 Rent2 Bedrooms 900 Sewer Public Total Taxes 1702 Units Efficiency 1 Units1 Bedroom 2 Units2 Bedroom 1 Water Public Zone Residential 6000

Listing information © 2021 Billings Association of Realtors MLS
Listing courtesy of Zackery Goggins of The Goggins Company
© 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 11/29/2021.
 
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