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Listing 14 out of 976
$158,900 New Contingency

416 Howard Avenue
Billings, MT 59101

Multi Family Home
7000 sq ft lot - MLS# 300640
Property Photo
1/14

Description

Great opportunity for investors to add to your portfolio with this great duplex with excellent rental history. The upstairs unit 3 bedroom and 1 bath rents for $875 and the basement unit 1 bedroom 1 bath rents for $525. Tenants pay all utilities except water there is shared laundry in the basement. This property has a cap rate of 8.3%. Seller will consider contract for deed with 10% down, call agent for details.

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex
  • Listing Status: Contingency
  • County/Area: Yellowstone County
  • Zip Code: 59101
  • Year Built: 1946
  • Subdivision/Neighborhood: Yellowstone Add
  • Elementary School: Broadwater
  • Middle School: Lewis And Clark
  • High School: Senior High
  • Sq.Ft.: 1,660 sq ft
  • Style: Ranch, Updown
  • Stories: 2
  • # of Parking Spaces: 3
  • Lot Size: 7000 sq ft lot
  • Zoning: Residential Multi-Family Restricted
  • Area: (06) Downtown
  • Area Num: 6
  • Avg Occupancy: 95
  • Built Info: Existing
  • CAP Rate Pct: 8.3000
  • Color: White
  • Construction Siding: Masonite
  • Current Price: 158900.00
  • Geocode Source: Pxpoint
  • Gross Income: 16800
  • Heating: Electric Baseboard, Gas Hot Water
  • Insurance: 900
  • Lot Description: Interior, Landscaped
  • Lot Sq Ft: 7000
  • Main Type: Multi-Family
  • Misc Features: 2nd Kitchen, Additional Parking, Fenced
  • Number Units 1 Bedrm: 3
  • Number Units 2 Bedrs: 1
  • Operating Expenses: 3708
  • Other Buildings: Garage
  • Rent 1 Bedroom: 1
  • Rent 2 Bedrooms: 1
  • Roof: Asphalt
  • Sewer: City
  • Sq Ft Main Lvl: 1660
  • Tot Taxes: 1786
  • Water: Public
Courtesy of Heavenly Homes, Inc., Breanna Rolandson

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Reatha Montoya
Your Magic City Realtor
Magic City Real Estate

926 Main Street, Suite 2
Billings, MT 59105
Phone: 406-850-9858
Email: reathamontoya@gmail.com

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926 Main Street, Suite 2 - Billings, MT 59105
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