$334,000
$345,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
205 Water St Sheridan, MT 59749
0.35 Acres Lot
Key Details
Sold Price $334,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other
MLS Listing ID 354131
Sold Date 02/22/21
Style Split- Foyer
Year Built 2012
Annual Tax Amount $1,859
Tax Year 2020
Lot Size 0.350 Acres
Acres 0.35
Property Description
Newer duplex built in 2012 with consistent VRBO income on upper unit and lower unit has had consistent income flow with full time tenant for the last 5 years. Seller will furnish list of past bookings and has returning clients for a guaranteed income stream. Buyer could also use the home as a large family home with split level entry or use both units for long term rentals. The lot adjoining the duplex is currently used for off street parking but you could use it for another lot to build another duplex even though it is well set up with ample parking the way it is currently configured. Very few income earning properties with this kind of income stream. Upper unit is furnished for VRBO and furnishings can be negotiated on separate contract. Upper unit has 3 BR, 2 bath and lower unit is 3 BR, 1 bath, NG forced air furnace with central air. Immaculately cared for with great curb appeal. This offering will not disappoint and current income stream will give you a decent cap rate.
Location
State MT
County Madison
Area Madison/Beaverhead/Jefferson
Direction Corner of Water and Ruby St
Rooms
Basement Bathroom, Bedroom
Interior
Interior Features Walk- In Closet(s)
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Laminate, Partially Carpeted
Fireplace No
Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Laundry Washer Hookup
Exterior
Exterior Feature Gravel Driveway, Landscaping
Fence Log Fence, Partial, Split Rail
Utilities Available Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront No
Waterfront Description None
Water Access Desc Public
Roof Type Asphalt
Porch Balcony
Building
Lot Description Lawn, Landscaped
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Architectural Style Split-Foyer
Level or Stories Multi/Split
Others
Tax ID 0007017500
Ownership Full
Security Features Heat Detector,Smoke Detector(s)
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Financing Cash
Special Listing Condition Standard
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Bought with Berkshire Hathaway Twin Bridge