1505 Broadway Ave. S
Red Lodge,
MT
59068
Property Details
List Price: |
$215,000 |
Beds: |
2 |
Baths: |
1 |
Status: |
Active |
SqFt: |
900 |
Agency: |
Montana Realty Co |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1970 |
Notes: |
Interesting property -- looks like a motel, is rented by on-site managers like a motel, but each unit is privately owned. This is one of the two bedroom, one bath units, a full kitchen and dining area, decent sized living room with a fireplace, two bedrooms and a full bath upstairs. FULLY FURNISHED!<br />
At the end of the year each owner gets a profit and loss statement detailing income from rentals, expenses for the rentals, expenses for their percentage of the overall complex, and a "special assessment" (which is used for large leasehold improvements). Most years theses unit owners get a check but there have been years (flood, fire, etc) but no guarantee. All utilities paid by Chateau Rouge -- owners only need insurance from the block walls in and pay their yearly taxes -- no monthly expenses. |
MlsNumber: |
345728 |
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Listing Provided By: |
Montana Realty Co, original listing |
Name: |
Montana Realty Co |
Phone: |
(406) 670-5707 |
Office Name: |
Montana Realty Company Rue & Associates |
Office Phone: |
446-4744 |
Agent Name: |
Sandra Conlee |
Disclaimer: |
Copyright © 2024 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |