Multi Family Home · Billings, MT

405 Roxy Lane, Billings, MT 59105

$835,000 Off Market MLS® 328733 Multi Family Home
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Off MarketMLS® 328733
$835,000
405 Roxy Lane, Billings, MT 59105
Bds Ba 5,600 Sq.Ft. 0.28 Ac
Description

5-Plex investment opportunity! Great CAP rate if rented at full potential. Billings Heights, near Lake Elmo. Currently there are 3 leased units with month to month tenancy and 2 open units. Updated with new kitchen cabinets, new kitchen appliances, paint and laminate flooring, washer/dryer hookup on main level, Gas fireplace for heating w/ thermostat or electric baseboard, no A/C, and each unit has a patio w/ fence partition. Ample parking and storage shed for each unit. New roof in 2019. *Investors, Current Gross and Net are not accurate with the vacancies and lower rent. Great time to secure tenants in with your own terms! 5-Plex requires Commercial Loan (not residential)

Interior Features
  • Additional features Additional Parking, Deck or Patio, Laundry, Storage, Stove, Underground Sprinkler, W/D Hookups
  • Utilities
  • Air conditioning None
  • Basement description
  • Pool description
  • Outbuildings Additional Parking, Deck or Patio, Laundry, Storage, Stove, Underground Sprinkler, W/D Hookups
  • Fence
  • Lot dimension 0.28
  • Lot description Corner, Landscaped
Exterior Features
  • Body of water
  • View
  • Pool
  • Pool description
  • Outbuildings Additional Parking, Deck or Patio, Laundry, Storage, Stove, Underground Sprinkler, W/D Hookups
  • Fence
  • Lot dimension 0.28
  • Lot description Corner, Landscaped
  • Foundation
  • Exterior
  • Roofing materials Asphalt, Shingle
Location