1505 S BROADWAY AVE # 206
RED LODGE, MT 59068
$215,000
2 Beds
1 Baths
900 Sq Ft
Status Active
MLS# 345728
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 for 1505 S BROADWAY AVE # 206
$239 / Sq Ft
0 parking spaces
$100 HOA Fee
Baseboard, Electric
29 Days on website
0 acres lot
Area Information for 1505 S BROADWAY AVE # 206
