*6 Plex for Sale (5 Plex + Single Family Home)
*For Sale $440,000
*7% Cap Rate
*Roof & Siding Recently Replaced
*Numerous Other Upgrades to the Property
*Professionally Managed
*Close to the Hospitals & Always Rented
*Owner Pays Utilities on the 5 Plex
*Boiler Heat in 5 Plex = Very Efficient
*Tenant Pays Gas & Electricity on the Single Family Home
*4 of the 6 Units Have Been Upgraded Recently
*New Sewer Line
*Zoned Residential 7000
Rent Roll
Apt 1 @ $750/mo
Apt 2 @ $750/mo
Apt 3 @ $700/mo
Apt 4 @ $650/mo
Apt 5 @ $700/mo
Back House @ $600/mo
This charming 6 plex is conveniently located close to both the hospitals and downtown making it a high demand rental property. Between the numerous upgrades and professional management currently in place, this 6 plex makes for a turn key investment. Financials available upon request. Multifamily investment properties in Billings are currently in high demand so this one will be sure to go quick.