Belgrade, MT Gallatin Country Land 0.32 acre for sale in Belgrade, MT

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INVESTORS! Take advantage of this rare opportunity to purchase a well maintained 10-plex in rapidly growing Belgrade! Low maintenance exterior, paved parking, great location -- walk to schools, downtown, etc. All units have range, refrigerator, dishwasher, washer & dryer. Efficient hot water radiant heat; tenants pay their own electricity (units separately metered) & an additional utility fee for gas, water, sewer & garbage. Four 3 bedroom/1 bath, five 2 bedroom/1 bath, one 1 bedroom/1 bath. Total building SF=9602. Projected ROI = 6% plus, with annual gross income of approx. $97,000, and annual expenses of around $33,000. Excellent rental history with near zero vacancy rates!

  • Price: $1,050,000

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