Billings Real Estate

3507-3513 Montana Ave, Billings, MT 59101 (MLS # 298470)

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PRICE $399,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 12,981 sqft

Juicy Price Reduction!! Three Homes, 6 Units and 100% Occupancy since it's been remodeled. Too many new's to list. 3507, 3511 and 3513 Montana Ave is a newly renovated 6 plex close to downtown. Downtown Billings recently conducted a survey indicating that there is a demand for 500-1,000 more apartment units downtown. With such strong rental demand, these 6 units always stay full. Tenant's enjoy off street parking, large mature trees providing excellent shade in the summer and are walking distance from restaurants, breweries and downtown businesses. Investors have a rare opportunity to acquire a sharp looking property performing at over a 10.5% Cap Rate so they can enjoy an excellent stream of cashflow.

DAYS ON MARKET 95 LAST UPDATED 10/11/2019
TRACT BILLINGS ORIGINAL TOWNSITE YEAR BUILT 1900
COMMUNITY (06) Downtown COUNTY Yellowstone
STATUS Conditional PROPERTY TYPE(S) Multi-Family

SCHOOLS
Elementary School Mckinley
Jr. High School Lewis and Clark
High School Senior High

PRICE HISTORY
Prior to Jul 19, '19 $523,675
Jul 19, '19 - Aug 6, '19 $499,900
Aug 6, '19 - Sep 4, '19 $465,000
Sep 4, '19 - Sep 27, '19 $419,000
Sep 27, '19 - Today $399,000


ADDITIONAL DETAILS
BUILT INFO Established
CONSTRUCTION SIDING Vinyl
COOLING Window
GEOCODE SOURCE PxPoint
HEATING Gas Forced Air
LEGAL DESCRIPTION BILLINGS ORIGINAL TOWNSITE, S03, T01 S, R26 E, BLO
LOT DESCRIPTION Landscaped, Level, Trees
MISC FEATURES Additional Parking, Deck or Patio, Laundry
PARCEL NUMBER A00707 & A00705
PROPERTY SUB TYPE 6-Plex
PROPERTY TYPE Multi-Family
ROOF Asphalt
SEWER Public
WATER Public
ZONE Residential Multi-Family


SATELLITE VIEW



 
CONTACT US ABOUT 3507-3513 MONTANA AVE
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Listing provided by Clint Schultz, Coldwell Banker The Brokers
Listing information is deemed reliable, but not guaranteed.

About Cristin

Picture of Cristin Smith

Cristin Smith

Broker / Owner

Cristin@SimplyRealEstateMT.com

(406) 696-4613(406) 696-4613 mobile

Simply Real Estate

960 S. 24th St. W, Suite A1 Billings, MT 59102

As a Real Estate Specialist in the Billings area, I'm here to assist in making your real estate experience a good one. With a strong management and customer service background, rest assured you are in good hands. Whether buying or selling, I'll utilize my resources to make sure you have all the facts necessary to make the best decisions for you. After all, it's all about you, your home, your experience!!!

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