305 16th, Bozeman, MT | MLS#:391172

305 S 16th | Bozeman, MT

$1,300,000

Estimated Monthly Payment: $7,038 at 7.17% interest.

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Quadruplex

About 305 S 16th
STATUS: Active
AREA: Bozeman City Limits
LISTING DATE: Apr 16, 2024
SUBDIVISION: Richards
TYPE: Quadruplex
YEAR BUILT: 1981
PARKING: N/A
LEVELS/STORIES: 3
ACRES: 0.3
MLS ID: 391172
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This is one of three 4-pleses within a few blocks of each other and very close to MSU. They can be sold separately. Seller prefers to bundle them to possibly execute a 1031 Exchange. Closing date flexible. ALL 12 units: 2 BR, 1 full bath, 1 car garage + more off-street parking. ALL kit appliances & washers & dryers included. ALL 12 water heaters replaced +/- 2014. Security Lighting & Underground Sprinklers. These buildings stay 100% rented. Almost all of the units are month-to-month; great opportunity to increase the income. 8 units (this building and one other) have separately fenced yards, accessed by each unit's rear door. Exteriors & Interiors beautifully maintained. Recent upgrades include new flooring, hardware, light fixtures & appliances; fresh paint. Most bedrooms have ceiling fans. Tenants pay their own utilities; Owner pays water, sewer, lawn care & snow plowing. This building also features a huge row of 4 oversized garages (+/- 2006); ALL windows and sliding glass door replaced (+/- 2011); and hardboard siding replaced. ALL financial records available to Serious Buyers. NO KNOWN DEFERRED MAINTENANACE!!

Listing courtesy of: Service Realty LLC

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