Description
11 Unit Boarding House and Apartment/Office Duplex
For Sale – $500,000
11 unit Boarding House – Shared bathroom areas, and furnished sleeping rooms. ( Bed, dresser, microwave, mattress )
- 9 units out of 11 leased for 5200 month – rents vary from $500-800 month
- 2 Vacant units
- All male tenant currently with several long term tenants
- 2 Bathrooms
- 2 Separate shower rooms
- Washer and Dryer – $1 each wash/dry ( $200 month variable )
- Pop Machine – owner fills – $1 can
- Owner managed for $1000 month for around 10 hrs month minimal duties
- Built 1900, remodels over the years, lots within last 12 months
- CBD Zoning
- 2392 SF – 2 levels
Apartment / Office Duplex
- 1 renter side great for possible manager
- Office side is for owner – could be converted
Perks
- Low income housing in high demand
- Food Hut conveys and was previously leased for small food company
- Food truck from Salvation army comes each day and they can get one free meal
- Landlocked neighbors may sell as well.
Address
Address:
21 S 26th Street
- Country: United States
- Province / State: Montana
- City / Town: Billings
- Postal code / ZIP: 59101
- Property ID 18979
- Price $500,000.00
- Property Type Multifamily
- Property status For Sale
- Size 2,392 sf
File Attachments
21-S-26th-St-Brochure.pdf
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