Location: Cutbank, Montana
Property #1 is a two-story 4-plex: two units on top, and two units on the
bottom. The total size of the building is approximately 4,000 square
feet, and the lot size is 10,500 square feet. This property is located
in a very nice neighborhood with street and alley access, and city water,
sewer, and electricity. The building looks very new and modern and
shows well. Included with the building is a cement parking lot for
the residents, each with electric outlets for their use. The building
is 19 years old and has many upgrades.
This is the side view of the 4-plex.
All of the living units are 3 bedroom, 1 3/4 bath, with approximately 1,000
square feet of living area. The units have oak cabinets, linoleum kitchens,
wall-to-wall carpeting, and are bright, roomy, and appealing. Current
rent on each unit is $400/mo, and could be raised. Gross potential
annual income is $19,200 per year. Operating expenses are 10% of the
gross rent, and taxes are $2,303/yr.
Price: $140,000.00
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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