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405 Roxy Lane

Billings, MT 59105
  • $835,000
  • STATUS: Active Under Contract
  • ON SITE: 74 Days
  • MLS #: 328733
Under Contract
UPDATED: 11 min ago
$835,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,600
    SQFT
  • $149
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Information

Elementary School:
Middle School:
High School:

Description

5-Plex investment opportunity! Great CAP rate if rented at full potential. Billings Heights, near Lake Elmo. Currently there are 4 leased units with month to month tenancy and 1 open units. Updated with new kitchen cabinets, new kitchen appliances, paint and laminate flooring, washer/dryer hookup on main level, Gas fireplace for heating w/ thermostat or electric baseboard, no A/C, and each unit has a patio w/ fence partition. Ample parking and storage shed for each unit. New roof in 2019. *Investors, Current Gross and Net are not accurate with the vacancies and lower rent. Great time to secure tenants in with your own terms! 5-Plex requires Commercial Loan (not residential)

Monthly Payment Calculator

© 2022 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 6/26/2022.
www.mkrealty.org/homes/127616880
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405 Roxy Lane Billings, MT 59105

  • Price: $835,000
  • Status: Active Under Contract
  • On Site: 74 Days
  • Updated: 11 min ago
  • MLS #: 328733
0
Beds
0
Baths
0
½ Baths
0.28
Acres
5,600
SQFT
$149
$/SQFT
1985
Built
Neighborhood:
Superior Homes Sub
County:
Yellowstone
Area:
(01) Billings Heights (West Of Main)
Elementary School:
Bench
Middle School:
Medicine Crow
High School:
Skyview
Property Description
5-Plex investment opportunity! Great CAP rate if rented at full potential. Billings Heights, near Lake Elmo. Currently there are 4 leased units with month to month tenancy and 1 open units. Updated with new kitchen cabinets, new kitchen appliances, paint and laminate flooring, washer/dryer hookup on main level, Gas fireplace for heating w/ thermostat or electric baseboard, no A/C, and each unit has a patio w/ fence partition. Ample parking and storage shed for each unit. New roof in 2019. *Investors, Current Gross and Net are not accurate with the vacancies and lower rent. Great time to secure tenants in with your own terms! 5-Plex requires Commercial Loan (not residential)
Exterior Features

Built Info Established Color Yellow Construction Siding Masonite Lot Description CornerLandscaped Misc Features Additional ParkingDeck Or PatioLaundryStorageStoveUnderground SprinklerW/D Hookups Number Of Parking Spaces 5 Roof AsphaltShingle Style Side By SideUpdown

Interior Features

Heating Electric BaseboardOther Number Of Fireplaces 5 Number Of Levels 2 Sq Ft Main Lvl 5600

Property Features

Annual SID 0 Cooling None Disclosure On File Finance Type CashConventionalNew Loan Gross Income 57000 Insurance 6037 Net Income 41530 Other Buildings Shed Possession At Closing Property Sub Type 5-Plex Sewer City Total Taxes 4018 Water Public Zone Mixed Residential 1

Listing information © 2022 Billings Association of Realtors MLS
Listing courtesy of Heidi Brosovich of Montana Real Estate Brokers
© 2022 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 6/26/2022.
 
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MK Realty
926 Main St, Suite 22
Billings MT, 59105