Location
Property Type
Area
Min. Price
Max. Price
Beds
Baths

305 S 32nd Street


Billings, MT 59101
The 9 Sisters – 11-Unit Multifamily Investment Opportunity Professionally managed 11-unit multifamily property generating $11,800 in monthly gross rents. Unit mix includes (2) 3-bedroom units, (2) 1-bedroom units, and (7) 2-bedroom units. Two units have been recently updated; the remaining units are in average rental condition. Street parking available. Total annual income: $141,600; estimated annual expenses: $53,160; net operating income: $88,440. Reflecting a 7.1% cap rate. Fully occupied, offering immediate cash flow with potential for increased returns through further renovations and rent adjustments.
MLS #
351932
County
Yellowstone
Type
MultiFamily
Area
(04) South Billings
Subdivision
Billings original townsite
Year Built
1912

Schools

Elementary
Orchard
Middle School
Riverside
High School
Senior High
Source: BAR/MLS
Total SqFt
7,608 Sq Ft
Number of Levels
One

Property Layout Breakdown

Above Grade Finished Area
7608.00
Living Area
7608.00
Lot Size
35,000 Sq Ft
Acres
1
Zoning
Neighborhood Mixed-Use
Rooms
Level
Description
Features
Heating
ForcedAir,Gas,Other
Cooling
None
Sewer
PublicSewer
Taxes
$12,000