This property has a 2 bedroom 1 bath rental on the main, 2 bed 1 bath in the basement, and 1 bed 1 bath upstairs.
Purchase Price $289.900
Main Floor Unit- 2 Bed 1 bath- Rents for $825/month
Basement unit- 2 bed 1 bath- rents for $825/month
Upper unit- 1 bed 1 bath- rents for $625/Month
This Tri-Plex near Downtown Billings has an extremely strong rental history, and has consistently produced high cash flow. The property is fully leased with a CAP rate of around 8.5%. Has a new roof and new siding will be installed prior to closing. The property also has a detached garage plus ample driveway and on-street parking. Located a stones throw from Senior High School and close to Hospitals, shopping, and Colleges. Call for a Private showing today. 24 hour notice needed for all showings.
