The Custer House, c. 1952 Billings, MONTANA, just outside of Yellowstone Park!

Billings, Montana

Asking Price: USD $475,000
Guest Rooms: 4    2

Property Overview

FOR SALE in Montana...LIVE+WORK+RENT+STORAGE!!!....4 for 1.

Located in Billings, Montana just outside of Yellowstone National Park, Big Sky Ski Resort, the Gallatine National Forest & the Beartooth Mountain Range.

The Custer House, c.1952, is a fully furnished, recently renovated, open and spacious, mid century style vintage home. Originally designed as two stand alone apartments, private up/down living spaces with separate entrances and individual electric meters and heating sources. 2 large carports for RV, truck & trailer. Heated, Detached 24x24 Shop or Garage with attic storage, 220 Electrical Plug ins, set up for easy sewer hook up & water.

Investment opportunity awaits. When entering through the front door you are greeted with open space and ample lighting from the large bay window in living room and large windows in the dining room. Upstairs bedrooms have oak hardwood floors that give a sense of warmth to relax at the end of the day. The updated upstairs bathroom with new sink, faucet/vanity, and medicine cabinet and new LVP flooring bring this classic home into the modern day. With a kitchen upstairs and a kitchen downstairs the investment possibilities are ready for you. With private entrance for tenants in rear of home. 1300 sq. ft. of covered outdoor patio/storage areas to easily accommodate RV and 2 car 24x24 heated garage with access from drive and alley. Minutes away from the hospital corridor and provides easy access to downtown or the west end of Billings.

Features:
  • Is Historic Historic
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Horses Horse
  • Near Skiing Ski
Business Description:

Currently operating as an owner occupied guest house since 2020, with consistent monthly INCOME from Short, Mid or Long Term rental …YOU DECIDE.

No HOA

7000+ sq foot lot

Terms of Sale:

Cash

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Peggy Potter (Owner)
  3072729316
The Custer House, c. 1952

MLS:

352211

Sq Ft:

2,106

Acres:

0

Year Built:

1952

Last Renovated:

2020

Years in Business:

5

MLS:

352211
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Financial Overview

Asking Price:

USD $475,000

Cap Rate:

7%

NOI:

USD $31,693

Annual Gross Revenue:

USD $42,000

Gross Revenue Multiplier:

11x

Revenue Per Room:

USD $42,000

Occupancy Rate:

300%

Average Daily Rate:

USD $140

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