418 Cook Ave Billings, MT 59101
East Central Billings NeighborhoodEstimated payment $3,245/month
Highlights
- Cooling Available
- Level Lot
- Heating System Uses Natural Gas
- Landscaped with Trees
About This Home
Downtown 6 plex. Fully occupied. Solid rental history. Recent updates to 2 units. Good opportunity for a "value add" property. All 1 bedroom 1 bath units. One 4 plex building with 2 units up and 2 units down. Duplex building in back.
Listing Agent
Good Ridge Real Estate Brokerage Phone: 406-591-1605 Listed on: 03/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,042
Year Built
- Built in 1948
Lot Details
- 10,080 Sq Ft Lot
- Level Lot
- Landscaped with Trees
Home Design
- Shingle Roof
- Asphalt Roof
- Stucco
Interior Spaces
- 3,088 Sq Ft Home
- 2-Story Property
Schools
- Broadwater Elementary School
- Lewis And Clark Middle School
- Senior High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Well
Listing and Financial Details
- Assessor Parcel Number A19313
Community Details
Overview
- 4 Units
- Yellowstone Add Subdivision
Building Details
- Insurance Expense $3,656
- Operating Expense $5,226
- Gross Income $52,260
- Net Operating Income $40,423
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,375 | $336,800 | $42,708 | $294,092 |
| 2023 | $3,426 | $336,800 | $42,708 | $294,092 |
| 2022 | $2,712 | $287,300 | $0 | $0 |
| 2021 | $3,125 | $287,300 | $0 | $0 |
| 2020 | $3,017 | $260,700 | $0 | $0 |
| 2019 | $2,884 | $260,700 | $0 | $0 |
| 2018 | $2,571 | $224,800 | $0 | $0 |
| 2017 | $2,498 | $224,800 | $0 | $0 |
| 2016 | $2,232 | $201,000 | $0 | $0 |
| 2015 | $2,183 | $201,000 | $0 | $0 |
| 2014 | $2,567 | $129,956 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | For Sale | $550,000 | -- | $178 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | St |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $329,251 | Commercial | |
| Closed | $133,000 | Purchase Money Mortgage | |
| Previous Owner | $92,355 | Unknown |
Source: Billings Multiple Listing Service
MLS Number: 351982
APN: 03-0927-04-3-08-12-0000
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