Billings, Mt Newly Remodeled & Updated Up-down Tri-plex – Great value

Good income potential with this one.
Property for sale in Billings, Montana. Here is one amazing value. This Triplex is offered by Owner located in Colorado. Built around 1945 it is approximately 3258.00 square feet. Posted bid: $99900.

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We are selling our triplex at 6th and Alderson in Billings. It is priced below market value at $229,000. The whole house has received over $80,000 in upgrades in the last 8 years and would be a PERFECT live-in investment opportunity. The main floor has refinished hardwood and new carpet throughout, installed in October, 2008. It's got updated tile bath and new appliances in the kitchen, as well as new countertops and a fresh, current paint scheme throughout. Very open and bright! The main floor is 2 bdrm/1 ba. and the lease is $955/mo. and we pay utilities for this apartment. The basement apartment is also 2 bdrm 1 ba and is currently leased for $675. It is open and bright, as well, and just got new carpet and vinyl throughout in November, 2009. The bathroom vanity and toilet were replaced with new, and the whole apartment again has updated paint and lighting fixtures. The kitchen cabinets are a little dated, but are clean and don't need immediate attention. The attic efficiency/loft is uber-cute and is currently leased for $425. The carpet was replaced in 2007, as well as the vinyl in the bathroom and entry. The bathroom sink and toilet were also replaced at that time, as well as the lighting fixutres. It's got maple cabinets and a brand new 4-burner apartment stove/range. The whole house has updated wiring as of summer, 2008 to about 80%. The apartments were split and all three are on their own meters. Heating for the whole house that is not split runs about $90-$150/mo. depending on the weather and the water runs from $50-$75. The roof was replaced in 2002 and both hot water heaters were replaced in 2005 or 2006 (sorry...gotta pull the records). The furnace was also refurbished at that time due to one of the old hot water heaters blowing and starting a housefire in the laundry...SO...the laundry room has new wiring throughout, as well as some new drywall and venting and is up to code now! The 2-car garage has lots of storage with one of the doors having a garage door opener installed. Lots of room with a workbench, as well. The yard is very large and could use a little TLC, but it's been getting updates here and there since 2002 and is almost there! It was completely torn out when we replaced the main line plumbing to the alley from the house in 2004 or 2005. I've never had a unit vacancy longer than 2 weeks other than when I was remodeling. All the major updates and repairs have been completed to this home. It is move-in ready, or the main floor will rent within days. Please call to view and don't disturb my tenants!! THANKS!! You are welcome to call me at 720-470-0525 for more information and to schedule to see the home. PLEASE!!!..DO NOT DISTURB MY TENANTS!!!

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