1505 Broadway Ave. S 206, Red Lodge MT 59068

$215,000

1505 Broadway Ave. S 206, Red Lodge, MT 59068

bedrooms

bathrooms

square feet

900

Acreage

0.0

Open Houses

year built

1970

Full Baths

Half Baths

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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.

Location
Subdivision	Chateau Rouge
County	Carbon
Elementary School	Red Lodge
Middle School	Red Lodge
High School	Red Lodge

Driving directions

Open houses

None scheduled.

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MLS number: 345728

Listing agent: Sandra Conlee #RRE-BRO-LIC-14238

Listing broker: Montana Realty Co (406) 670-5707

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Last update: Tuesday, January 14 2025 at 10:43 p.m. EST

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