Location: Cutbank, Montana
Property #2 is a 3 bedroom, 2 bath single family residence. This building
was a duplex that was converted to a single-family residence and could easily be converted back. It has wood paneling in the interior,
double-paned windows for good insulation, and new carpeting. The house is approximately 1,254 square feet in size, the lot is 7,000 square
feet and it has both street and alley access. Also included with this property are four rentable detached one-car garages, accessible from the alley behind the lot.
The building is a fixer-upper, however, it can be occupied by tenants while any fixing-up is done. The garages are in good condition.
The Cutbank area has many sportsmen, and the garages are perfect for storing sports and hunting gear. Current rent on the house is $400/mo. Each garage can be rented out for $35/mo for a total of $140/mo. Total gross potential annual income is $6,480.00 per year. Operating expenses are 10% of the gross rent, and taxes are $711.22/yr.
Price: $37,000.00
Interested? Financial statements available upon request.
Please call us or email us:
Phone: 626-422-8062
Email: stelle_montana@yahoo.com
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