$720,000
$720,000
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400 Garber ST Plains, MT 59859
5,600 SqFt
Key Details
Sold Price $720,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $128
MLS Listing ID 30039711
Sold Date 04/01/25
Style Split Level
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1976
Annual Tax Amount $6,000
Tax Year 2024
Lot Size 0.344 Acres
Acres 0.344
Property Sub-Type Apartment
Property Description
An, approximate, 5,600 sf 8-plex on city water and sewer. Short walking distance to all the stores. Lots of parking. All 1 bdrm and 1 bath and all apartments are the same at approximately 600 sf each. Two common areas have washer/dryers. Split entry. Four up and four down. Great bunch of tenants. Now grossing $86,400 yearly in rents ($900 month) as it is full. New roof 10 years ago and new windows maybe 15 years ago or so. Tenants pay their own electricity but we do heat the halls and their hot water (2 new central hot water heaters a few months ago). A/C units in each apt. Electric BB heat. On a very generous '25 budget, still should return 6% R.O.I. Plus appreciation and depreciation. Manager/partial owner wants to retire. Lots of possibilities here to increase income too. Ask me about that. Would take cash or terms. If terms, minimum of 30% dn. Probably 5-7 years and then a full balloon. All tenants have RD vouchers, besides the rent they pay and money directly deposited.
Location
State MT
County Sanders
Community Street Lights
Rooms
Basement Other
Interior
Interior Features Walk-In Closet(s)
Heating Baseboard, Electric
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Laundry Common Area, Washer Hookup, In Hall
Exterior
Parking Features Additional Parking
Carport Spaces 10
Community Features Street Lights
Utilities Available Electricity Available, High Speed Internet Available, Phone Available
Water Access Desc Public
Building
Lot Description Level
Entry Level Two,Multi/Split
Foundation Treated Wood
Sewer Public Sewer
Water Public
Architectural Style Split Level
Level or Stories Two, Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 35297926202010000
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Seller Financing
Special Listing Condition Standard
Pets Allowed Cats OK, Number Limit
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