NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold February 09, 2024

55 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Laundry Facilities
  • Hawthorne Elementary School Rated A-
  • Baseboard Heating
  • 2-minute walk to Beall Park

About This Home

As of February 2024

Welcome to the prime location investment property! Situated just 0.5 mile from downtown Main Street and a mere 2 miles from MSU's campus, this property offers the perfect blend of convenience and desirability. With the Cannery & Brewery District just a few blocks away, you can rest assured that the units are in high demand and rarely vacant. Whether you prefer upgraded units or those awaiting a vacancy, this rare investment opportunity has something for everyone. Originally built in 1935, the home was transformed into a duplex (Units 534&536) in the 1970s, with a 5 unit addition (Units 532A-E) to accommodate the growing demand. One of the unique features of this property is the off-street parking available for all units, ensuring convenience for residents. Additionally, the common laundry and alley access further enhance the appeal of this investment gem. Generating a solid gross rent of $110k, this property has great potential for even more growth, whether through further upgrades or simply maximizing its existing features. The new roof installed in 2010 and the updated windows and siding from 2004/2006 provide peace of mind for years to come. To add to the allure, three units have recently undergone extensive renovations, boasting new vinyl plank flooring, fresh carpet, paint, and stylish trim. Don't miss out on this incredible opportunity to invest in a property that combines location, potential, and uniqueness. Schedule a visit today and discover the possibilities awaiting you!

Last Agent to Sell the Property

Abby Millman

PureWest Real Estate Bozeman License #RBS-89340 Listed on: 10/02/2023

Last Buyer's Agent

Abby Millman

PureWest Real Estate Bozeman License #RBS-89340 Listed on: 10/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,019

Year Built

  • Built in 1935

Lot Details

  • 0.25 Acre Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number RGH4594

Community Details

Overview

  • 7 Units
  • Bealls Additions Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $110,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,019

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type: Multi Family
  • ResoPropertySubType: MultiFamily
  • Property Sub Type Additional: Multi Family
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1935
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted, Plank, Vinyl
  • Appliances: Dryer, Washer

Exterior Features

  • Roof: Shingle
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Paved

Utilities

  • Laundry Features: Common Area
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2517
  • Lot Size Sq Ft: 10962.0
  • Parcel #: RGH4594
  • Zoning Description: R2 - Residential Two-Household Medium Density
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 6019.0
  • Tax Year: 2022

Range of Values:

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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
02/09/2024 02/09/24 Sold -- -- --
11/27/2023 11/27/23 Pending -- -- --
11/10/2023 11/10/23 Price Changed $1,749,000 -2.8% --
10/02/2023 10/02/23 For Sale $1,799,000 -- --
Source: Big Sky Country MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Big Sky Country MLS

MLS Number: 387304

Big Sky Country MLS