Duplex Rental Property with Consistent Monthly Income

Rental Property in Wolf Point Montana with Long Term Tenant and Consistent Monthly Income Currently serving as a duplex with 2 rentable units, this home, located on a 60' x 140' Wolf Point City lot, was originally constructed in 1965, with numerous updates in recent years. The 956 square foot main floor houses a 2-bedroom, 1 bathroom apartment while the 956 square foot basement adds a 1 bedroom, 1 bathroom apartment. A shared laundry room can be accessed by both apartments, as well as a detached 16' x 24' garage built in 1980. Original hardwood floors throughout the home have been refinished, with linoleum added in the kitchens and bathrooms. The home is heated by a natural gas fueled forced air furnace, new in 2015 and cooled by a central air conditioning system. The home's roof was updated in 2017. Both units are currently rented to the same tenant at a total monthly rate of $1000/month. Positive Cash Flow with Low Monthly Expenses Property taxes for the 2022 year were $1729.21 and the monthly city water/sewer bill runs approximately $74/month. Natural Gas and Electricity are provided by Montana Dakota Utilities at a combined average monthly rate of $152/month. A Range and Refrigerator in both apartments are included.