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Off market
  • $214,500

    113 California Ave, Deer Lodge, MT 59722

    --beds
    --baths
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $214,500 Zestimate®
    $--/sqft
    $1,015 Estimated rent

    What's special

    Small Mobile Home Park with a four Plex.Park has one Mobile home with hookups for three more. Total of four. Eclectic, gas and sewer in. Space rent is $175.00 per lot per month. Four Plex needs rehab. Main building very sound. Nice roof etc. Needs wiring, pluming etc. You will end up with three studios and a one bedroom. Rehab estimate is 40-50K. Rents on studios will bring in $300.00 to $325.00 per unit and one bedroom will bring in $350.00.There is room in center of building for a coin opp laundry, which will bring in more income.Zoning is Commercial Urban. There is five lots total (15,600 sq ft total). Cape rate will be between 16-18%. Great return on your investment. Renting in town is never a problem. Always more renters than places to rent. I been a landlord in town for some years and know the market.

    Facts & features

    Construction

    Type & style
    • Home type: MultiFamily

    Community & neighborhood

    Location
    • Region: Deer Lodge
    Services availability
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    An equal housing lender. NMLS #10287.