$905,000
$950,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
1001 Oilfield AVE Shelby, MT 59474
20,640 SqFt
Key Details
Sold Price $905,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,640 sqft
Price per Sqft $43
MLS Listing ID 365620
Sold Date 05/19/22
Year Built 1978
Annual Tax Amount $9,726
Tax Year 2021
Lot Size 2.570 Acres
Acres 2.57
Property Sub-Type Commercial
Property Description
Come invest in a consistently profitable 24 unit apartment centrally located in Shelby, Montana. The buildings are in good condition with a low vacancy rate. There are three separate buildings on 2.57 acres with a paved parking lot. Each building has seven two bedroom units and one, one bedroom unit plus laundry facilities. Appliances in almost every unit appear to be newer. Many apartments are being upgraded to the ''luxury vinyl plank'' highly durable flooring. Landlord pays sewer, water, and trash. Tenant pays electricity (includes heat source) and a monthly laundry room fee since the washers and dryers are not coin operated. Shelby is a rural town comprised of border patrol agents, those working for the railroad, the local prison. Shelby has seen a big influx of veterans and retirees attracted to its affordability and simple Montana lifestyle.
Location
State MT
County Toole
Area Other Counties/State
Direction Put in navigation.
Interior
Heating Baseboard, Electric
Fireplace No
Exterior
Parking Features Paved
Utilities Available Electricity Available, Fiber Optic Available, Phone Available, Sewer Available, Water Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Tax ID 0000504291
Ownership Full
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Financing Conventional
Special Listing Condition Standard
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Bought with Live in Montana Real Estate