$125,000

243 South 2Nd Street West , Malta, MT 59538

 
Bedrooms:3 beds
Bathrooms:3 baths
(None specified):840 sqft
Lot:0
Year Built:1959
Listing Status:Active

Listing Agent

Carly Bishop
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Affordable Investment Property Creating Future Passive Income Are you looking to start oradd to your investment portfolio to create future passive income? This 3-Plex, located on a corner lot in Malta, Montana is an affordable option to consider. Fully rented and bringing in $1175/month, this property hasvery low vacancy ratesand tenants who have been in place for 2+ years. Shop And Parking, May Be Retained For Use By Owner for Boat/RV Storage The south 1/2 of the city lot has been paved for off street tenant parking and is currently utilized by the current owner for storage, along with the 18' x 36' tin sided shop with concrete floor. The shop had heat and electricity at one time, but new meters would need to be installed for both to function now. A future owner could utilize the space as the current owner has, for his ownwork shop and boat storage! Updated Furnace, Hot Water Heater and Laminate Flooring Three separate gas meters and 3 separate electric meters allow the tenants to each pay their own utilities, however the water bill is covered by the owner at a rate of approximately$158/month. The 2 main floor units are heated by separate forced air furnaces, one installed as recently as 2021. The basement apartment is heated with an electric wall heater. Both upstairs units are cooled with window A/C units. Additional updates include a new hot water heater in 2023 and laminate flooring throughout both main floor apartments.All 3 units are rented andin livable condition currently, but a new owner may wishto consider new windows and roof in the future. Property Taxes for the 2024 year were $1473.41.

Detailed Items

Other Information

243 South 2Nd Street West, Malta, MT, 59538 is a (none specified) listing of 840 sqft on a lot of 0. This (none specified) listing has 3 bedrooms, and 3 baths. The map for this location can be viewed on Google maps at Google maps to property243 South 2Nd Street West, Malta, MT
Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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