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313 Sheridan Ave

$199,000

313 Sheridan Ave, Plentywood, MT 59254

Active
Last Updated: 06/25/2024

9

Cap Rate

23,186

NOI

Details:
Cap Rate:    9%
NOI:    $23,186
Building Size:    3,592 sqft
Lot Area:    0.318 acres
Units:    5
Year Built:    1948
Zoning:    Outside City Limits
MlsNumber:    230228
Year Last Renovated:    2010
Highlights:
  • Lot Dimension: .381 AC
  • Lot Size: Under 1/2 Acre
Description:

Well maintained 5 plex in Plentywood, MT for sale. Currently 100% occupied with 3 units on the main floor and 2 in the basement. Includes onsite laundry that is a free service to the tenants, but could be converted to coin-op. Electrical and plumbing in 5 plex has been completely redone. New roof in 2009.

*313 Sheridan Ave, Plentywood, MT *5 Unit Apartment Complex for Sale *Price Reduced to $199,000 *3,592 SF Building *0.318 Acres of Land *Built 1948/Remodeled 2010 *5 Units Rented @ $600/mo *Tenants Pay Electric *NOI = $23,186/yr *Cap Rate = 11.7%

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