Details
Address:101 Main StreetType:CommercialStyle:2 Story"Original Building In Joliet"Lot Type:RectangularLot Size:4,900 sq. ft.Year Built:1900"unknown"Taxes:$1,900.00 USD (2007)
Description
Great Commercial & Multi-Family Property. Updated & Well Kept In Joliet, MT-->A Growing Little Community Between Laurel & Red Lodge, MT and Only 45-minutes to Billings, MT. The Building Is A Staple Landmark & Features A Coin-op Laundromat Business, 2 Leased Commercial Units & 4 Rental Apartments. Truly A Must See.
Bring An Offer. Great For 1031 Replacement.
Cap Rate +/-8% (Check the rate you can expect to earn on CDs, MM Accts., Bonds, Etc.--then discover the multiple ways this cash flow building may "work" better for you.)
Combo Property In 1 Building! 4-Apartments, 2 Retail Spaces, Laundromat (Cash Business). Lots of upgrades. Strong Income Performance. Good Exposure.
NOTICE: Offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding acreage, square feet, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but not guaranteed. Prospective buyer(s) should verify all information to their satisfaction.
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| ▪Seller Provided Numbers:
Gross Inc: $44,580
Oper Exp: $10,941
Net Inc: $33,639 | ▪Many Upgrades Throughout The Building! |
| ▪Laundromat Facility Has Big Draw Throughout The Region And Could Be Expand. | ▪Great Exposure On Hwy 212 Between Laurel & Red Lodge, MT |
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| ▪Carpeted Floors | ▪Laundry Room | |
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