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1216 8th Avenue S

Great Falls, MT 59405
  • $1,295,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 30008132
UPDATED: 66 min ago
$1,295,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1952
County:
Area:

School Ratings & Info

Description

Updated, rehabbed, income generating and ready to go! This amazing 12 plex is as easy as closing and stepping into the management. No fuss, no muss, just buy and start collecting the income. Current CAP of 7.68 and a 22.79 Cash on Cash. $125,879 gross with 4 units being under-rented with a projected increase potential of additional annual gross. Annual expenses at $26,390 leaving a tidy $99,489 to add to your passive income stream. Buy down that interest rate and increase your Cash on Cash! Sounds like a STREAMING deal! 11 1 bedroom units and 1 2 bedroom unit, laundry income and very low vacancy. Each unit separately metered for electric and gas. MANY updates to include the electrical being updated. See the list of property improvements supplied in the documents. Let's get together and set an appointment to view your new passive income stream! Listed by Amber D. Corrow-Scott and Jamie Laabs.

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© 2023 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2023-09-27T10:18:57.223.
www.helenahomebuyer.com/homes/140841339
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1216 8th Avenue S Great Falls, MT 59405

  • Price: $1,295,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 66 min ago
  • MLS #: 30008132
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1952
Built
County:
Cascade
Area:
Great Falls
Property Description
Updated, rehabbed, income generating and ready to go! This amazing 12 plex is as easy as closing and stepping into the management. No fuss, no muss, just buy and start collecting the income. Current CAP of 7.68 and a 22.79 Cash on Cash. $125,879 gross with 4 units being under-rented with a projected increase potential of additional annual gross. Annual expenses at $26,390 leaving a tidy $99,489 to add to your passive income stream. Buy down that interest rate and increase your Cash on Cash! Sounds like a STREAMING deal! 11 1 bedroom units and 1 2 bedroom unit, laundry income and very low vacancy. Each unit separately metered for electric and gas. MANY updates to include the electrical being updated. See the list of property improvements supplied in the documents. Let's get together and set an appointment to view your new passive income stream! Listed by Amber D. Corrow-Scott and Jamie Laabs.
Exterior Features

Architectural Style Bungalow Carport YN No Construction Materials BrickFrame Entry Location Exterior Exterior Features Courtyard Foundation Details Slab Garage YN No Levels One Parking Features AdditionalparkingAssignedOffstreetOnstreet Roof Rolledhotmop View Residential Waterfront YN No

Interior Features

Appliances GasovenGasrangeRefrigerator Basement Other Basement YN Yes Fireplace YN No Heating ForcedairGas Heating YN Yes

Property Features

Building Area Total 8000 Listing Terms CashConventional Lot Size Dimensions 100X150 New Construction YN No Property Condition Seeremarks Property Sub Type Apartment Property Sub Type Additional Apartment Sewer Publicsewer Special Listing Conditions Standard Structure Type Multifamily Tax Annual Amount 6655.69 Tax Legal Description Great Falls First AdditionS12T20 NR03 EBlock 492Lot 005Lts 5-6 Tax Year 2022 Utilities CableavailableHighspeedinternetavailablePhoneavailableSeparatemeters Water Source Public

Listing Agent: Amber D Corrow-Scott
Listing Office: Fathom Realty, Office Contact Info: 406-750-5634


© 2023 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2023-09-27T10:18:57.223.
 
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Andy O Realty Group | Keller Williams Capital Realty
130 Neill Avenue
Helena MT, 59601