-
229 2ND AVE SE CUT BANK, MT 59427
- Townhouse or Condo / Resale (MLS)
Property Details for 229 2ND AVE SE, CUT BANK, MT 59427
Features
- Price/sqft: $88
- Lot Size: 0.916 acres
- Total Units: 34
- Stories: 1
- Heating: Forced Air Heating
- Construction Type: Wood
- Exterior Walls: Brick
Facts
- Year Built: 01/01/1948
- Property ID: 898165900
- MLS Number: 30030372
- Parcel Number: 38-4529-12-2-15-14-0000
- Property Type: Townhouse or Condo
- County: Glacier
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 34 unit Apartment complex with potential to enclose two units back to 36 units total. Additional adjoining lot to add a potential 16 more units. Seller shows CAP rate of 9.8% for 2023 and anticipates higher in 2024. This complex is 99% occupied with one unit in process of remodel and updating. Tenants use self serve Kiosk in lobby for rent payments. 2 coin laundries for convenience. Both on and off street parking. Fenced playground area, dog run area, outdoor ping pong, BBQ's, horseshoe pits and outdoor designated smoking areas. Security entry system, multiple camera's and video recording system. Owner in process of installing digital fire detection system and all new window screens. Each unit has had updates as tenants transition. Currently owner has a waiting list of future tenants should any openings arise. Located in center of town for ease and convenience. Low maintenance stucco, masonry and brick exterior. Call or Text Ted Dykstra 406-249-8345 or your real estate professional.
Real Estate Professional In Your Area
Are you a Real Estate Agent?
Get Premium leads by becoming a UltraForeclosures.com preferred agent for listings in your area
Click here to view more details
Property Brokerage:
Keller Williams Realty Northwest Montana
162 Timberwolf Pkwy
Kalispell
MT
59901
Copyright © 2024 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.