Seize this chance to invest in a well-kept 4-plex featuring four 2-bedroom

1-bath units. With a strong rental history, this property offers a steady gross monthly income of $3100.Key Features:Tenant-Paid Utilities: gas and electric, lowering your expenses.Owner Services: In cl water, sewer, garbage, snow removal and lawn care, enhancing tenant satisfaction and retention.CAP Rate (excl debt service): 8.06% - $3, 000/year for taxes, $3, 000/year for insurance, $1600/year for lawncar and snow removal and $1300/year for water/sewer.

(current trailing 12 month numbers)Cash on Cash Return (incl debt service): 5.78% - 8% interest rate and 25% down & 30 year mortgageWith its good maintenance & reliable returns, this property is an ideal addition to your portfolio

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on 620 12th Ave
in Havre, MT
Presented by John Carlson at
Bullhook Real Estate LLC.


Property MLS #24-390 from LewistownHavre

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+ Appliances

Oven/Range
Refrigerator

+ Heating and Cooling

Heating Features: Forced Air
Heating Fuel: Gas

+ Other Rooms

Basement Sqft: 2072

+ Land Info

Lot Size Acres: 0.1940083
Lot Size Square Feet: 8451

+ Garage and Parking

Parking Features: On-Site Parking, Street Parking

+ Rental Info

Gross Income: 3100.00

+ Other Property Info

Carbon Monoxide Detr
Smoke Detector - 2+
Annual Tax Amount: 3002.65
Source Listing Status: Active
Tax Year: 2023
Source Property Type: MultiFamily
Area: 1B-East of 5th Avenue & North of 11th Street
Source Neighborhood: 1B-East of 5th Avenue & North of 11th Street
Owner Pays: Lawn Service, Snow Removal, Trash Collection, Water
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$135,629 + $41,471 $177,100	$2,883
2021	$112,829 + $64,271 $177,100	$2,849
2020	$154,253 + $17,147 $171,400	$2,834
2019	$154,253 + $17,147 $171,400	$2,833
2018	$140,802 + $15,198 $156,000	$2,702
2017	$140,802 + $15,198 $156,000	$2,708
2016	$152,077 + $13,223 $165,300	$2,797
2015	$152,077 + $13,223 $165,300	$2,774
2014	$unknown + $unknown $65,031	$2,456
2013	$unknown + $unknown $59,919	$2,307
2011	$unknown + $unknown $49,172	$2,022

+ Reveal Property Sale History

Listed 2024-06-30
$350,000
LewistownHavre

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Listed 2024-06-30
$350,000
MontanaRegionalMLS

+ Building and Construction

Year Built: 1959
Building Exterior Type: Masonite
Construction Materials: Frame
Property Age: 65
Roof: Composition Shingle
Structure Type: Four Plex
House Style: 2 Story
Total Area Sqft: 4144
Year Built Details: 50+ Years

+ Utilities

City Sewer
City Water

+ Display Complete School Details

Lincoln-Mckinley School is a public elementary school located approximately 0.3 miles away.
Map directions

Havre High School is a public high school located approximately 0.8 miles away.
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Havre Middle School is a public middle school located approximately 1.6 miles away.
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St Jude Thaddeus School is a private elementary and middle school located approximately 0.4 miles away.
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