MLS # 30022417
505 and 515 S Virginia Street, Conrad, MT 59425

MLS 30022417 $785,000

Invest in a 12-unit apartment complex in Conrad, MT. There are four 2-bedroom units and eight 1-bedroom units. Seller has been tastefully remodeling units between tenants. Remodeling includes NEW high-end luxury vinyl plank flooring, some with carpet in bedrooms, new appliances, attractive lighting, hardware, bathroom vanities, paint and more. All units, including laundry room, 10 have permitted furnaces installed in 2022. Several units have new windows. The exterior was painted in 2023 and roof re-done. This a popular complex dubbed "Sunset Ranch." Ten of the units have outdoor backyard spaces. The laundry room has one washer and one dryer and adds additional revenue. Seller has been re-investing rental income into improving the units. Some new hot water heaters, some new plumbing and electric, but most electric is original. Pets not allowed. Low vacancy rate. Agent-owned and managed by property management firm. Call Lynn Kenyon at 406-770-0013 or your real estate professional. Complex is in close proximity to parks, pool and shopping. Parking lot is large enough to give each unit a parking space. Shed on site and laundry provides storage, too. Landlord pays all sewer, water and electricity ONLY to parking lot and laundry room. Many long-term tenants. One plants flowers in the spring. Lot has big old shade trees. Sprinkler system. Ten of the units have both a front and back entrance. Ten units have walk in closets. The two end units are smaller than the other ten. All units are full baths with bathtubs and showers. Tubs, themselves, are original but faucets, etc... are new. Fire extinguishers, CO2 and smoke alarms in each unit. Can't seller finance.

Contact

Canyon Properties LLC
Cascade, Montana 59421
(406)-235-4081

Architecture

Basement: None
Building Area Source: Public Records
Building Area Total: 4080
Building Features: Living Area, Signs, Storage
Construction Materials: Brick Veneer
Exterior Features: Courtyard
Flooring: Carpet, Concrete, Laminate
Foundation Details: Slab
Heating: Fireplaces
Interior Features: Eatin Kitchen, Natural Woodwork, Walk In Closets
Parking Features: Additional Parking, Alley Access
Property Condition: Updated Remodeled, See Remarks
Roof: Metal
Structure Type: Multi Family
Window Features: Double Pane Windows
Year Built: 1946
Year Built Source: Public Records

Features / Amenities

Security Features: Carbon Monoxide Detectors, Smoke Detectors

Property Features

Current Use: Multi Family
Fencing: Back Yard
Laundry Features: Coinoperated
Lot Features: Level
Lot Size Acres: 0.54
Lot Size Source: Public Records
Lot Size Square Feet: 23522.4
Road Frontage Type: City Street
Road Surface Type: Asphalt
View: Trees Woods

Utilities

Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Separate Meters, Underground Utilities
Water Source: Public

Location

Directions: Follow GPS

Legal and Taxes

Parcel Number: 26398723102060000
Tax Annual Amount: 5921
Tax Legal Description: Conrad First Add, S23, T28 N, R03 W, Block 014, Lot 013, Lts 13 16, title company to verify.
Tax Year: 2023
Zoning Description: 1

Business

Business Type: Residential

Financial

Tenant Pays: Electricity, Gas

Realtor

Property Sub Type: Building Land
Property Type: Commercial Sale

© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Listed By: Lynn Kenyon, Live in Montana Real Estate, 206 Main St, Augusta, MT, 59410


Property Location
Free Daily Email

Be the First to Know! Sign up to receive our free daily email, it is great way to watch for the newest property listings. (Privacy Policy)

View email
Free Daily Email
text realestate
Follow Us

Go Country, a web site affiliated with and maintained by Northwest National Real Estate, features exceptional properties that are sorted by category, including country homes, recreation property, ranches, farms, vacant land, hotels, restaurants, rental income, RV and mobile home parks, and more.

View Go Country!

Real Estate Guide

Order your free Country Connection Real Estate Guide.

real estate catalog

Vol. 27, Issue 1 - Fall 2022/Winter 2023

Free Daily Email
text realestate

Go Country, a web site affiliated with and maintained by Northwest National Real Estate features exceptional properties that are sorted by category, including country homes, commercial property, recreation property, ranches, farms, vacant land, hotels, restaurants, rental income, RV and mobile home parks and more.