NOT LISTED FOR SALE

21 N 4th Ave E Three Forks, MT 59752

-- Bed
-- Bath
-- Sq Ft
0.48 Acres

Last Sold April 13, 2018

19 Days on Market

Highlights

  • Lawn
  • Landscaped
  • Laundry Facilities
  • No HOA
  • Baseboard Heating
  • Wood Burning Fireplace

About This Home

As of April 2018

What was once a Single Family Home in Three Forks is now an income producing property. Great central location offers convenience and the property sits on 3 City Lots, total land is 0.482 Acres. Property is split into 5 units, has a strong rental history, and has had very little vacancy in the past. Units A is 2 bedrooms + 1 bathroom + 2 car detached garage; Unit B is 2 bedrooms + 1 bathroom; Unit C is 1 bedroom + 1 bathroom + den/office/extra room; Units D & E are 1 bedroom + 1 bathroom. Currently, property is owner managed and the rent yields a 5.25% CAP Rate, but all rents are below market value--if rents increased to reflect market value, CAP would reflect 6.84% if managed by the new owner, or 5.82% with a typical 10% management fee. Property offers shared dual coin-operation laundry and ample parking (some covered, some uncovered). Seller currently pays gas, electric, water & sewer; Tenants pay trash.

Last Agent to Sell the Property

Leslie Miller

Realty One Group Peak License #BRO-53084 Listed on: 02/22/2018

Realty One Group Peak

Last Buyer's Agent

Erin Mandeville Strand

HoM 406 License #BRO-26758

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 1973

Lot Details

  • 0.48 Acre Lot
  • Landscaped
  • Sprinkler System
  • Lawn

Home Design

  • Asphalt Roof
  • Hardboard
  • Stone

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Common or Shared Parking

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for trash collection
  • Assessor Parcel Number 00RDC10862

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Milwaukee Land Company Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,366

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type: Multi Family
  • ResoPropertySubType: MultiFamily
  • Property Sub Type Additional: Multi Family
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1973
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Fireplace

Exterior Features

  • Roof: Asphalt
  • Construction Type: Hardboard, Stone
  • Exterior Features: Concrete Driveway, Sprinkler/Irrigation, Landscaping
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Common, Covered

Utilities

  • Laundry Features: Common Area
  • Security: Heat Detector, Smoke Detector(s)
  • Cooling: Varies by Unit
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Lawn, Landscaped, Sprinklers In Ground
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20996.0
  • Parcel #: 00RDC10862
  • Zoning Description: NONE - None/Unknown
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2366.0
  • Tax Year: 2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold -- -- --
03/14/2018 03/14/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $435,000 -- --
Source: Big Sky Country MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,751 $635,600 $0 $0
2024 $3,606 $519,300 $0 $0
2023 $3,845 $519,300 $0 $0
2022 $3,538 $414,700 $0 $0
2021 $3,944 $414,700 $0 $0
2020 $3,020 $305,796 $0 $0
2019 $2,507 $305,796 $0 $0
2018 $2,413 $274,594 $0 $0
2017 $2,366 $274,594 $0 $0
2016 $2,225 $261,090 $0 $0
2015 $2,270 $261,090 $0 $0
2014 $2,158 $150,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Miller

    Seller's Agent in 2018

    Leslie Miller

    Realty One Group Peak

    (406) 579-4730

    44 Total Sales

    Leslie Miller
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Map

Source: Big Sky Country MLS

MLS Number: 314513

Big Sky Country MLS
Montana Gallatin County Three Forks 59752

21 N 4th Ave E, Three Forks, MT

Not Listed for Sale

MultiFamily

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