- sq ft 3074
- Property Type multifamily
- Brochure
Description
*5 Plex for Sale near hospitals
*1015 N 31st St, Billings, MT
*PRICE REDUCED to $304,900
*Separately metered electricity
*Boiler heat paid by landlord
*Professionally Managed
*Unit 1 Rent – $525/mo
*Unit 2 Rent – $475/mo
*Unit 3 Rent – $480/mo
*Unit 4 Rent – $505/mo
*Unit 5 Rent – $525/mo
*Coin Op Laundry
*7.25% Cap Rate without management, 6.7% Cap Rate with management
1015 N 31st St is a charming 5 plex close to the hospitals and Harper & Madison coffee shop. Offering up to $24,000 of cash credits at closing from the seller with a strong offer! 5 Plex was recently hit by the hail storm and seller is willing to put on a new roof or pass along the $14,000 insurance check to the buyer. An additional $5,000 credit at closing is also available with a strong offer — your opportunity to make tasteful updates or repairs as needed. With close proximity to the hospitals, colleges and downtown, affordable rents like this are always in demand!
Brochure
View BrochureDetails
- Year Built: 1910
- Land Area: 7,000 SF
- Zoning: Residential 7000
