1206/1208 F Ave
Property Description
Two adjacent fourplexes located at 1206 & 1208 F Avenue in Circle, MT are being offered together, providing a total of 8 apartment units on two separate parcels. Completed in 1980, each unit offers approximately 800 sq. ft., 2 bedrooms, 1 bathroom, and a detached garage stall for each unit . Individually metered units with tenant-paid electric service, including electric baseboard heat, help reduce owner operating expenses. Additional amenities include a shared coin-operated laundry facility and 7 additional storage garages for additional income. The buildings feature 35-40-year rated shingles and have successfully passed fire, insurance, and HUD inspections with no reported deficiencies. The property has historically operated as HUD-approved 55+ housing. One building has an assumable FHA loan, while the second has a conventional, non-assumable loan. Information deemed reliable but not guaranteed. Buyer to verify all information.
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $515,000 |
| No. of Units: | 8 |
| Year Built: | 1980 |
| Lot Size: | 6,400.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $64,375 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 8 |
ID: 3yd-GMLSMT-331462
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