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205 Show Place

Belgrade, MT 59714
  • $1,100,000
  • STATUS: Active Under Contract
  • ON SITE: 13 Days
  • MLS #: 371160
Under Contract
UPDATED: 66 min ago
$1,100,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1994
County:

School Ratings & Info

Description

Investment opportunity in Montana's rapidly growing city of Belgrade in the Gallatin Valley. This quadruplex features four 1,000 sq. ft., 2-bedroom, 1-bathroom units. All units are rented and tenants are paying all utilities and market rent amounts in the month-to-month leases. Property is in great condition and located directly across from Belgrade schools. Super low overhead allows for 6.4% CAP rate at list price which is high for our present market conditions. This 4-Plex is perfectly set up for you to easily take over; 1031 Like-Exchange Buyers are welcome. Curious on becoming a real estate investor, ask your accountant about how owning rentals can be a tax shelter. Also, ask your lender how you can purchase the 4-plex for your own residence with the accompanying 3 rental units.

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© 2022 Big Sky Country MLS. All rights reserved. IDX 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 is not guaranteed accurate by the MLS or Hart Real Estate Solutions. Data last updated: 2022-05-24T17:51:29.847.
www.hartres.com/homes/128564169
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205 Show Place Belgrade, MT 59714

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: 13 Days
  • Updated: 66 min ago
  • MLS #: 371160
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1994
Built
Neighborhood:
Beaumont Greens
County:
Gallatin
Area:
3B - Belgrade City Limits
Property Description
Investment opportunity in Montana's rapidly growing city of Belgrade in the Gallatin Valley. This quadruplex features four 1,000 sq. ft., 2-bedroom, 1-bathroom units. All units are rented and tenants are paying all utilities and market rent amounts in the month-to-month leases. Property is in great condition and located directly across from Belgrade schools. Super low overhead allows for 6.4% CAP rate at list price which is high for our present market conditions. This 4-Plex is perfectly set up for you to easily take over; 1031 Like-Exchange Buyers are welcome. Curious on becoming a real estate investor, ask your accountant about how owning rentals can be a tax shelter. Also, ask your lender how you can purchase the 4-plex for your own residence with the accompanying 3 rental units.
Exterior Features

Architectural Style Fourplex Construction Materials Hardboard Exterior Features Blacktop DrivewaySprinkler/Irrigation Levels Two Other Parking 2 Spaces/Unit Other Structures Shed(S) Patio And Porch Features CoveredPorch Road Frontage Type Roof Asphalt Waterfront Features None Waterfront YN No

Interior Features

Above Grade Finished Area 0 Appliances DishwasherDisposalRangeRefrigerator Cooling Ceiling Fan(S) Heating Forced AirNatural Gas Heating YN Yes Laundry Features Washer Hookup

Property Features

Listing Terms Cash3Rd Party Financing Lot Features LawnSprinklers In Ground Possession Delivery Of Deed Property Sub Type Additional Quadruplex Property Subtype Quadruplex Road Surface Type Paved Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4167 Tax Year 2021 Tenant Pays ElectricityGasTrash Collection Utilities Cable AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning Description R4 - Residential High Density

Listing courtesy of Jennifer Love of Exp Realty, Llc. © 2022 Big Sky Country MLS. All rights reserved.


© 2022 Big Sky Country MLS. All rights reserved. IDX 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 is not guaranteed accurate by the MLS or Hart Real Estate Solutions. Data last updated: 2022-05-24T17:51:29.847.
 
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Hart Real Estate Solutions
626 S Ferguson Suite 2
Bozeman MT, 59718