1505 Broadway Ave. 206 , Red Lodge, MT 59068
Red Lodge, MT 59068
Description
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.
Details
| MLS# | 345728 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $100 |
| Status | Active |
| Year | 1970 |
| Days On Site | 154 |
| Listing Provided By | Montana Realty Company Rue & Associates | Sandra Conlee |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 900 |
| Pool | Yes |
| Story(s) | 2 |
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Learn More About This Property
| State | MT |
|---|---|
| County | Carbon |
| City | Red Lodge |
| Zip Code | 59068 |
| Area | (16) Red Lodge | Cooke City |
| Community Name | Chateau Rouge |
| School District | Red Lodge |
| Elementary School | Red Lodge |
| Listing VS Median (in Chateau Rouge) | |
Price: $215,000 low | high Med: $199,000 SqFt: 900 low | high Med: 900 $ / SqFt: $239 low | high Med: $221 On Site: 154 low | high Med: 115.000000 | |