NOT LISTED FOR SALE

525 3rd Ave N Great Falls, MT 59401

32 Beds
-- Bath
18,591 Sq Ft
0.34 Acres

Last Sold July 30, 2021

128 Days on Market

About This Home

As of July 2021

Solid producing 17 unit Brick apartment complex, which consist of two buildings on one lot, the Poderosa, of 11 units, and Juniper of 6 units. Seller has invested much in updates, and having solid tenancy. Looking to find anywhere is MT to protect and shelter your investment? This complex could is amazing opportunity!

Last Agent to Sell the Property

Josh Lind

EXIT Realty Great Falls License #RRE-BRO-LIC-31994 Listed on: 12/21/2020

EXIT Realty Great Falls

Last Buyer's Agent

Steve Gillespie

Gillespie Agency License #RRE-BRO-LIC-1346

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.34 Acre Lot

Home Design

  • Brick Exterior Construction

Community Details

  • 18,591 Sq Ft Building

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: D
  • List Price Per Sq Ft: 82.03
  • Style: Multi-Entry
  • Year Built: 1963
  • Directions: .
  • House Number: 521/525
  • Internal Listing I D: 20201215165707918324000000
  • Listing I D: 22019082
  • Listing Member Address: 203 Smelter Ave NE, Great Falls, MT 59404
  • Listing Member Fax: (406) 866-3187
  • Listing Office Address: 203 Smelter Ave NE, Great Falls, MT 59404
  • Listing Office Fax: (406) 866-3187
  • Selling Member Address: 9 12th Street North, Great Falls, MT 59401
  • Selling Member Short Id: 542000053
  • Selling Office Address: 9 12th St N, Great Falls, MT 59401
  • Street Direction Sfx: North
  • Special Features: None

Interior Features

  • Estimated Finished Sq Ft: Over 3000
  • Lot Sq Ft: 15000.00
  • Sold Price Sq Ft: 77.99
  • Total Sq Ft: 18591.00
  • Equipment: Range, Refrigerator
  • Road Surface: Asphalt
  • Interior Condition: Excellent, Good

Exterior Features

  • Foundation: Poured Concrete
  • Siding: Brick
  • Frontage Road: City Street
  • Flood Plain: Unknown
  • Views: Residential
  • Exterior Condition: Excellent, Good

Garage/Parking

  • Parking Type: Off-Site

Utilities

  • Utilities: City Sewer, City Water, Electric
  • H V A C Other: steam boiler
  • HVAC: Radiant Water

Lot Info

  • Zoning: COMM
  • Lot Size Estimate: LOT TO .50
  • Terrain: Level
  • Land Improvement: Sidewalks
  • Zoning History: Grandfather
  • Lot Acres: 0.34

Tax Info

  • Taxes: 8760.95
  • Tax Year: 2020

Multi Family

  • Common Amenities: Central Laundry
  • Expenses Paid By Own: Gas Only, Lawn Service, Sewer, Snow Removal, Water Only
  • Miscellaneous: 3rd Party Manager
  • Number1 Bedroom Units: 4
  • Number2 Bedroom Units: 8
  • Number3 Plus Bedroom Units: 4
  • Occupancy Factor: Over 95% Occupancy
  • One Bedroom Unit: $450-$700
  • Parking Per Unit: One
  • Separate Meter: Electric
  • Studio Efficiency: $500-$750
  • Tenancy Type: Month to Month, One Year Lease
  • Three Bedroom Unit: $700-$900, $900-$1000
  • Two Bedroom Unit: $450-$750
  • Unit Features: Appliances/All, Carpet
  • Unit Information Gross Income: 12615.00
  • No. of Units: 17

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold -- -- --
07/08/2021 07/08/21 For Sale $1,525,000 0.0% $82 / Sq Ft
06/30/2021 06/30/21 Off Market -- -- --
04/12/2021 04/12/21 Price Changed $1,525,000 -2.9% $82 / Sq Ft
01/18/2021 01/18/21 Price Changed $1,570,000 -1.9% $84 / Sq Ft
12/21/2020 12/21/20 For Sale $1,600,000 -- $86 / Sq Ft
Source: Montana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 22019082

Montana Regional MLS