Billings, MT 59101,206-210 N 18th ST
Billings, MT 59101,206-210 N 18th ST
Billings, MT 59101,206-210 N 18th ST
Billings, MT 59101,206-210 N 18th ST
Billings, MT 59101,206-210 N 18th ST
Billings, MT 59101,206-210 N 18th ST
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Listed by Miranda Youngren 41 Realty Group
$ 785,000
Est. payment | /mo

3,396 SqFt


$ 785,000
Est. payment | /mo

3,396 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,396 sqft

Price per Sqft $231

Subdivision Billings Original Townsite

MLS Listing ID 350891

Style Two Story

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 3,396

Year Built 1920

Annual Tax Amount $4,023

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Multi Family

Property Description

7.4 cap rate! Turnkey 6-unit multifam investment opp. This meticulously updated property consists of a 4-plex on one parcel & two charming detached homes on the adjacent parcel, allowing the option for separate financing. All 6 units are being sold together. Renovations include granite countertops in 5 units, premium trim work, & modern finishes. Apts have high ceilings & large walk-in pantries. Security cameras installed. Current rents are $975 for 5 units and $895 for the studio, plus CAM & tenant reimbursement for W/S/G. The demand for rentals is consistently high in this location, due to its strategic positioning near key employment centers and range of lifestyle attractions. Additional income include $25/mo. parking and $100/mo coin-op laundry. Recent improvements include a $38k foundation repair on the 4-plex & fresh exterior paint on the deck, significantly enhancing curb appeal.

Location

State MT

County Yellowstone

Area (06) Downtown

Zoning See Remarks

Interior

Heating Ductless, Natural Gas, Combination

Cooling Ductless

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Storage

Water Access Desc Public

Roof Type Composition,Metal

Porch Deck, Patio

Total Parking Spaces 3

Building

Lot Description Interior Lot, Level

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Construction Status Updated/Remodeled

Schools

Elementary Schools Mckinley

Middle Schools Riverside

High Schools Senior High

Others

Tax ID A00467, A00467A

Security Features Security System

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

Virtual Tour https://www.propertypanorama.com/instaview/bmt/350891

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+1(406) 702-3949

shawn@deco-realty.com

80 25th St W, Billings, MT, 59102, USA

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206-210 N 18th ST