1015 N 31st St Closed Multifamily

1015 N 31st St
$304,900
$99 / sq ft
  • 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 Brochure

Details

  • Year Built: 1910
  • Land Area: 7,000 SF
  • Zoning: Residential 7000
Street View
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