INVESTMENT! Four homes with good solid rental history. 5.5% cap rate makes this a super investment! Super cute and comfortable. The two front homes on Buchanan are 414 at 1479 sq ft 2 bedrooms, 1.5 bath and a bonus room. 418 is 1024 sq ft. and has 2 bedrooms, 1 bath. Located on a quiet street in Ronan with mature trees for shade and chain linked yard. Two smaller units off the alley boast 608 sq ft and 982 sq,1 bedroom 1 bath.418 1/2 has a second bedroom "pass through" from the front bedroom. Both 418 1/2 and 414 have been updated with new flooring and paint. Tremendous investment property, good return and lots of potential! Also offered for sale separately, 418 Buchanan, see MLS 30059711 and 414 Buchanan, see MLS 30059704.
Ronan is located in Montana. Ronan, Montana has a population of 1,785. Ronan is more family-centric than the surrounding county with 29.95% of the households containing married families with children. The county average for households married with children is 23.84%.
The median household income in Ronan, Montana is $34,881. The median household income for the surrounding county is $53,154 compared to the national median of $69,021. The median age of people living in Ronan is 37.1 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 16 inches per year, with 34.6 inches of snow per year.
