Location: Cutbank, Montana
Property #5 is actually two buildings on a single lot. This property is
sold as a unit. The buildings are described below.
Building #1: This is a 2 bedroom, 1 bath single-family residence. At approximately 600 square feet, it is a compact and profitable property. It has new vinyl siding and insulation, new counter tops, new appliances, and a new water heater. Current rent is $300/mo.
Building #2: This is a 3 bedroom, 2 bath double-wide mobile home. It
is in excellent condition. It is fully insulated, and has air conditioning, wood paneling, carpeting, storm windows and doors,
and a modern kitchen. This home is currently occupied with a long-term tenant who takes excellent care of it. Rent for this property
is $325/mo.
(NOTE: The mobile home is the property for sale. The fence belongs to the neighbor.)
The lot measures 50' by 140' and both buildings are on the lot. Access to building #1 is via the street, and access to building #2 is via the alley behind it. Taken together, the property has a gross annual income of $7,500/yr. Operating expenses are 7.7% of the gross rent.
Price: $39,000.00
Interested? Financial statements and Gross Rent
Multiplier information available upon request.
Please call us or email us:
Phone: 626-422-8062
Email: Stelle_montana@yahoo.com
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