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305 S 32nd Street, Billings, MT 59101
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$1,250,000
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Home Details for 305 S 32nd Street
Price
$1,250,000
Type
other
Year Build
1912
Sq. Ft.
7608
Lot Size
0.8035
County
Yellowstone
Tax
$12,000
MLS®️ Listing#
351932
On exitrealty.com
226 days
Property Description
The 9 Sisters – 11-Unit Multifamily Investment Opportunity
Professionally managed 11-unit multifamily property generating $11,800 in monthly gross rents. Unit mix includes (2) 3-bedroom units, (2) 1-bedroom units, and (7) 2-bedroom units. Two units have been recently updated; the remaining units are in average rental condition. Street parking available. Total annual income: $141,600; estimated annual expenses: $53,160; net operating income: $88,440. Reflecting a 7.1% cap rate. Fully occupied, offering immediate cash flow with potential for increased returns through further renovations and rent adjustments.
- Heating Information
- Natural Gas
- Forced Air
- Other
- Cooling Information
- None
- Water Features
- Public
School Information
School Information for 305 S 32nd Street
Elementary School
Orchard
Middle School
Riverside
High School
Senior High
Listing Courtesy: Meridian Real Estate LLC - 406-855-1081. Presented by: Jeffrey Klaus
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