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Billings,MT 59101
Key Details
Property Type Vacant Land
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Billings Original Townsite
MLS Listing ID 349437
Annual Tax Amount $2,166
Lot Size 0.433 Acres
Property Description
For sale is the land and plans for a 22-unit housing development located in the EBURD zoning district of downtown Billings. All in cost per unit has been estimated at about $236,000 per unit! This project is anticipated to generate a Gross Annual Income of approximately $425,160. Take advantage of this incredible shovel-ready and extremely cost-effective opportunity with the TIF grant benefits of this strategic location, there is a preliminary approval for Tax Increment Financing of $540,000.
Location
State MT
County Yellowstone
Area (06) Downtown
Zoning See Remarks
Exterior
Utilities Available Natural Gas Available,Phone Available,Electricity Available,Sewer Available,Water Available
Building
Lot Description Corner Lot,Level
Schools
Elementary Schools Mckinley
Middle Schools Riverside
High Schools Senior High