Listing Courtesy of: 406-425-1457 - Sandra Conlee - Montana Realty Company Rue & Associates
446-4744
$215,000
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1505 Broadway Ave. S Unit 206 Red Lodge, MT 59068
Condo
Residence
2
Beds
1
Baths
900
Sq. Ft.
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Interesting property -- looks like a motel, is rented by on-site managers like a motel, but each unit is privately owned. This is one of the two bedroom, one bath units, a full kitchen and dining area, decent sized living room with a fireplace, two bedrooms and a full bath upstairs. FULLY FURNISHED!... At the end of the year each owner gets a profit and loss statement detailing income from rentals, expenses for the rentals, expenses for their percentage of the overall complex, and a "special assessment" (which is used for large leasehold improvements). Most years theses unit owners get a check but there have been years (flood, fire, etc) but no guarantee. All utilities paid by Chateau Rouge -- owners only need insurance from the block walls in and pay their yearly taxes -- no monthly expenses.
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MLS#
345728
Property Type
Condo
Bedrooms
2
Bathrooms
1 Full
Year Built
1970
HOA Fee
$100
Square Feet
900
sq. ft
Stories
2.0
Sewer
Public Sewer
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