1505 Broadway Ave. S 206
Red Lodge, MT 59068
$215,000
Interesting property -- looks like a motel, is rented by on-site managers like a motel, but each unit is privately owned. This is one of the two bedroom, one bath units, a full kitchen and dining area, decent sized living room with a fireplace, two bedrooms and a full bath upstairs. FULLY FURNISHED!
At the end of the year each owner gets a profit and loss statement detailing income from rentals, expenses for the rentals, expenses for their percentage of the overall complex, and a "special assessment" (which is used for large leasehold improvements). Most years theses unit owners get a check but there have been years (flood, fire, etc) but no guarantee. All utilities paid by Chateau Rouge -- owners only need insurance from the block walls in and pay their yearly taxes -- no monthly expenses.
MLS #
345728
County
Carbon
Type
Condominium
Area
(16) Red Lodge, Cooke City
Subdivision
Chateau rouge
Year Built
1970
Schools
Elementary
Red Lodge
Middle School
Red Lodge
High School
Red Lodge
Source: BAR/MLS
Total SqFt
900 Sq Ft
Total Bedrooms
2.0
Total Bathrooms
1.0
Number of Levels
Two
Total Full Bathrooms
1.0
Total Fireplaces
1
Basement Type
None
Property Layout Breakdown
Above Grade Finished Area
900.00
Bathrooms Full
1
Living Area
900.00
Lot Size
0 Sq Ft
Zoning
Other
Fenced
None
Appliances
Dishwasher,Microwave,Oven,Range,Refrigerator
Number Garages
0.00
Appliances
Dishwasher,Microwave,Oven,Range,Refrigerator
Heating
Baseboard,Electric
Cooling
None
Sewer
PublicSewer
Taxes
$159