400 Garber Street Plains, MT 59859
Listing Courtesy of: Montana Regional MLS / Bennett Homes, Realty & Invest

  400 Garber Street Plains, MT 59859

Active (2 Days)
$720,000

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.

MLS #:
30039711
Taxes
$6,000(2024)
Lot Size
0.34 acres
Type
Multifamily
Building Name
Clark Fork Apartments
Year Built
1976
Style
Split-Level
County
Sanders County

Listed By

David Bennett, Bennett Homes, Realty & Invest
Source
Montana Regional MLS
Last checked Feb 6 2025 at 9:31 PM PST
Bathroom Details
Interior Features
  • Windows: Drapes
  • Windows: Double Pane Windows
  • Refrigerator
  • Range
  • Laundry: Washer Hookup
  • Laundry: In Hall
  • Laundry: Common Area
  • Walk-In Closet(s)
Lot Information
  • Level
Heating and Cooling
  • Electric
  • Baseboard
  • Window Unit(s)
Basement Information
  • Other
Utility Information
  • Utilities: Water Source: Public, Phone Available, High Speed Internet Available, Electricity Available
  • Sewer: Public Sewer
Parking
  • Additional Parking
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: This information is being provided by the Montana Regional MLS © 2025. The listings presented here may or may not be listed by the Broker/Agent operating this website. Updated: 2/6/25 13:31