400 Garber St Plains, MT 59859
Property details
About 400 Garber St
An, approximate, 5,600 sf 8-plex on city water and sewer. Short walking distance to all the stores. Lots of parking. All 1 bdrm and 1 bath and all apartments are the same at approximately 600 sf each. Two common areas have washer/dryers. Split entry. Four up and four down. Great bunch of tenants. Now grossing $86,400 yearly in rents ($900 month) as it is full. New roof 10 years ago and new windows maybe 15 years ago or so. Tenants pay their own electricity but we do heat the halls and their hot water (2 new central hot water heaters a few months ago). A/C units in each apt. Electric BB heat. On a very generous '25 budget, still should return 6% R.O.I. Plus appreciation and depreciation. Manager/partial owner wants to retire. Lots of possibilities here to increase income too. Ask me about that. Would take cash or terms. If terms, minimum of 30% dn. Probably 5-7 years and then a full balloon. All tenants have RD vouchers, besides the rent they pay and money directly deposited.
Highlights
(Active Under Contract)
Summary
- MLS Number: 30039711
- MLS Name: MTR
- Office Name: Bennett Homes, Realty & Invest
- Office Phone: (406) 827-4663
- Office Email: bennett@thompsonfalls.com
- Listing Agent: David Bennett
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$720,000
400 Garber St
$8,550
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Plains Elementary School
Public District PK-6
0.2 mi
•412 Rittenours St
5
St Regis School
Public District PK-6
15.3 mi
•90 Tiger St
2
Superior Elementary School
Public District PK-6
19.2 mi
•1003 5th Ave E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,000. Most Plains, MT residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
Frequently asked questions
About 400 Garber St
This home is located at 400 Garber St in Plains, MT and zip code 59859. Features: 0 bathroom. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $720,000.
In January 2025, from all listings sold in Plains, MT there were more than 0 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. Between December and January 2025, Plains, MT real estate market has seen increase in the number of listings by 31.6%. In January 2025 median list price was $422,000 and the average listing age was 98 days.