116 3rd Street, Glendive, Montana, 59330
This four-unit apartment complex has 3 - two-bedroom units and 1 - one-bedroom unit. This property has proven occupancy throughout the years with two-bedroom units renting for $600 a month and the one-bedroom unit at $550 a month producing a monthly income of $2350 when fully occupied. Monthly expenses run approximately $800-$850 for water, gas, garbage, insurance, taxes and general maintenance. Each apartment comes with a stove and refrigerator and the community area provides a laundry room with coin-operated washer and dryer that are included. The building had a new boiler installed fall of 2020. The complex sits on a huge 14,300 sq' lot which provides plenty of room for off-street parking for all units and room for storage or expansion. Being a quadplex it qualifies for residential financing for an owner-occupied unit.
All figures are +/- and all information provided is deemed reliable but is not guaranteed and should be independently verified.