Listed by NAI Business Properties
$1,585,000
921 E 4th St - Laurel, MT
Details
APN B00893
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,146
Units 16
Cap Rate 7.5%
NOI $118,813
Occupancy 100%
Price per SqFt $173
Class B
Year Built 1907
Year Renovated 2025
Buildings 1
Lot Size (SqFt) 17,030
Zoning RLMF-Residential Limited Multi-Family
Investment Type Stabilized
Ownership Fee Simple
Recently renovated multifamily investment in Laurel, MT
Marketing description
921 E 4th St is 16 unit multifamily property in Laurel, MT. Built in 1907, the property exudes historic charm while providing modern amenities to tenants. 5 of the 16 units are brand new construction, with the other 11 units remodeled over the last 3 years. There is consistent demand for these well-maintained units, ensuring a strong and reliable income stream for investors.
Investment highlights
$15,930 Gross Scheduled Monthly Income
Professionally managed
5 units brand new construction
11 other units recently remodeled
Brand new HVAC system
Major plumbing/electrical upgrades
Listing Contacts
Listed by NAI Business Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,813.00
$9,901.08/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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