213-219 N 20th St
4 buildings for sale on 3 lots. 2 single family homes and 2 duplexes. Properties have a lot of deferred maintenance but provide a lot of upside for investors & developers. Yellowstone County assessed value = $313,260. 213 N 20th St - Single Family *2 bedrooms 1 Bathroom house *$500/mo rental income 217 N 20th St - 2 duplexes *Front duplex gets $375 rent for the front unit. *Front duplex included a boarding house where tenants pay $350/mo. 3 out of the 4 rooms have tenants. *Back duplex gets $600/mo for upstairs unit *Back duplex has basement efficiency apartment which needs work in order to be rented 219 N 20th St *3 bedrooms 1 bathroom house *Currently vacant and needs gut rehab *Will rent for $1,000 to $1,000 per month once renovated Current income: $2,525/mo 8% CAP rate is an estimate based off 50% expense ratio. Owner passed away and estate does not have access to actual P&Ls. Investor could increase ROI by renovating and renting 3 bedroom home and efficiency basement apartment that are both vacant. Properties are being sold "AS IS"
Would you like more information regarding this property?
Please call (406) 656-2001.
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