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.
Under contract
$1,250,000
305 S 32nd St, Billings, MT 59101
10beds
4baths
7,608sqft
Est.:
Multi Family, Single Family Residence
Built in 1912
-- sqft lot
$-- Zestimate®
$164/sqft
$-- HOA
What's special
- 52 days
- on Zillow |
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