243 South 2nd Street West, Malta, MT 59538

26 Photos
 
$137,000
Active for Sale
 
Listing ID 11224838
Property Type Multi-Unit (2-4)
County Phillips
Total Tax $1,447
FEMA Flood Map fema.gov/portal
Year Built 1959
Virtual Tour

Affordable Investment Property with Monthly Rental Income

Affordable Investment Property Creating Future Passive Income Are you looking to start oradd to your investment portfolio to create future passive income? This 3-Plex, located on a corner lot in Malta, Montana is an affordable option to consider. Fully rented and bringing in $1175/month, this property hasvery low vacancy ratesand tenants who have been in place for 2+ years. Shop And Parking, May Be Retained For Use By Owner for Boat/RV Storage The south 1/2 of the city lot has been paved for off street tenant parking and is currently utilized by the current owner for storage, along with the 18' x 36' tin sided shop with concrete floor. The shop had heat and electricity at one time, but new meters would need to be installed for both to function now. A future owner could utilize the space as the current owner has, for his ownwork shop and boat storage! Updated Furnace, Hot Water Heater and Laminate Flooring Three separate gas meters and 3 separate electric meters allow the tenants to each pay their own utilities, however the water bill is covered by the owner at a rate of approximately$158/month. The 2 main floor units are heated by separate forced air furnaces, one installed as recently as 2021. The basement apartment is heated with an electric wall heater. Both upstairs units are cooled with window A/C units. Additional updates include a new hot water heater in 2023 and laminate flooring throughout both main floor apartments.All 3 units are rented andin livable condition currently, but a new owner may wishto consider new windows and roof in the future. Property Taxes for the 2022 year were $1447.32.
Property Details
  • 3 Total Bedrooms
  • 3 Full Baths
  • 840 SF
  • 6678 SF Lot
  • Built in 1959
  • Renovated 1970
  • 2 Stories
  • Available 11/17/2023
  • Full Basement
  • 840 Lower Level SF
  • Lower Level: Partly Finished
  • 1 Lower Level Bedroom
  • 1 Lower Level Bathroom
Interior Features
  • Laminate Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Laminate Flooring
  • Linoleum Flooring
  • Living Room
  • Primary Bedroom
  • Kitchen
  • Forced Air
  • Radiant
  • Electric Fuel
  • Natural Gas Fuel
  • Natural Gas Avail
  • Wall/Window A/C
Exterior Features
  • Frame Construction
  • Asphalt Shingles Roof
  • Detached Garage
  • 1 Garage Space
  • Municipal Water
  • Municipal Sewer
  • Corner
  • Trees
  • Street View
Taxes and Fees
  • $1,447 Total Tax
  • Tax Year 2022
Listed By
United Country Northwest Realty & Auction
Office: 406-654-2881
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:
Request Cobroke

If you're not a member, fill in the following form to request cobroke participation.

Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 6 minus 3?