Sunday, March 2, 2008

Sunday Investment

While searching the Real Estate section of the Bozeman Daily Chronicle I came across an excellent opportunity for a savvy investor. The property is located on Perkins Place. I happen to be very familiar with this particular piece of property. It is one unit in a 5-unit condo complex. This unit features 2 bedrooms and 1 full bathroom on the upper level with a deck off one of the bedrooms and a living room/dining room combination with a full kitchen, half bathroom, and laundry closet on the main level with a back patio with privacy fencing along both sides. Both the patio and deck face west for gorgeous sunsets. As an added bonus, the "backyard" is not dividable and very large, extending all the way to Rouse. What this means for the homeowner of this condo is that nothing will ever be built in your backyard.

The asking price is $145,000. My recommended starting offer is $135,000. With a 5% down payment, 6.25% interest on a 30-yr fixed mortgage, your monthly payment totals $790 + taxes, insurance, and homeowner dues.

To view this property, please send me an e-mail at Connie@BozemanMontanaProperties.com.

Come back next week for Sunday Investment.

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