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$1,250,000
70 Days On Site

305 S 32nd Street
Billings, MT 59101

For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
7,608
SqFt
$164
/SqFt
1912
Built
Subdivision:
Billings Original Townsite
County:
Yellowstone
Listing courtesy of Jeffrey Klaus of Meridian Real Estate LLC

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305 S 32nd Street305 S 32nd Street305 S 32nd Street305 S 32nd Street
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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.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
70 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,608 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.8035 Acres
Year Built 
1912
MLS® Number 
351932
Status 
Active Under Contract
Property Tax 
$12,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active Under Contract
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.8035
Disclosures 
Disclosure On File
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
7608
Stories 
One
Style 
Cottage, Ranch
Water Source 
Public
Zoning 
Neighborhood Mixed-Use
Interior Features
Heating 
Natural GasForced AirOther
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Exterior Features
Roof 
Shingle
Community Features
Financing Terms Available 
Cash
MLS Area 
(04) South Billings
Schools
School District
Unknown
Elementary School
Orchard
Middle School
Riverside
High School
Senior High
Listing courtesy of Jeffrey Klaus of Meridian Real Estate LLC

All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Copyright © Billings Association of REALTORS® Incorporated and Billings Multiple Listing Service Incorporated.

Neighborhood & Commute
Source: Walkscore
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