203 Miles Avenue

    Billings, MT 59101
    • $249,900
    • STATUS: Active
    • ON SITE: 68 days
    • MLS #: 283685
    UPDATED: 47 min ago
    $249,900
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,661
      SQFT
    • $68
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Investment property or Owner Occupied commercial Property. Use the shop and rent out the residence/office. Currently the shop and residence are rented as 2 units with monthly gross income of $1,975. Cap Rate is 7.49% Renters pay gas & electric. Owners pay water & taxes/insurance. 1849 sq ft shop with three over head doors was added in 2005/2006. The shop is finished. Small fenced area. Corner lot with great exposure to Montana Ave across from LP Anderson Tire.

    Monthly Payment Calculator

    © 2018 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Terms & Conditions Data last updated 6/23/2018.
    www.ashleydelpteam.com/homes/82624512

    203 Miles Avenue Billings, MT 59101

    • Price: $249,900
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 283685
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,661
    SQFT
    $68
    $/SQFT
    1950
    Built
    Neighborhood:
    Suburban Subdivision
    County:
    Yellowstone
    Area:
    (06) Downtown
    Property Description
    Investment property or Owner Occupied commercial Property. Use the shop and rent out the residence/office. Currently the shop and residence are rented as 2 units with monthly gross income of $1,975. Cap Rate is 7.49% Renters pay gas & electric. Owners pay water & taxes/insurance. 1849 sq ft shop with three over head doors was added in 2005/2006. The shop is finished. Small fenced area. Corner lot with great exposure to Montana Ave across from LP Anderson Tire.
    Exterior Features

    Alley YN 0 Building Type HouseOfficeWarehouse Built Info Existing Construction Siding FrameSteelWood Frame Land Sq Ft 8000 Number Of Parking Spaces 8 Parking Desc BlacktopGarage Road Frontage 180 Road Surface Public Roof FlatMetal Sidewall Height 12

    Interior Features

    Ceiling Height 12 Heating Gas Forced AirOther Number Of Levels 1 Office Sq Ft 1812 Shop Or Warehouse Sq Ft 1849

    Property Features

    Annual SID 0 Cooling None Disclosure Not On File Elec Meters 1 Finance Type CashNew Loan Gas Meters 1 Gross Annual Income 23700 Lease Type Renewable Leased Equipment YN No Leased YN Yes Net Income 18740 Number Amps 220 Number Water Meters 1 Operating Expenses 4960 Possession Negotiable Present Use OtherProfessional ServiceResidenceShop Property Sub Type Office/Warehouse Rail YN No Sales Includes BuildingLand Sewer Public Total Taxes 2804 Water Public Zone Neighborhood Commercial

    Listing information © 2018 Billings Association of Realtors MLS
    Listing courtesy of Dewey Allen of Dewey Allen Real Estate Solutions
    © 2018 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Terms & Conditions Data last updated 6/23/2018.
     
    The Ashley Delp Team
    2526 Grand Ave, Suite 3
    Billings MT, 59102