$170,000
$185,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
2301 2nd AVE N Great Falls, MT 59401
5,854 SqFt
Key Details
Sold Price $170,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,854 sqft
Price per Sqft $29
MLS Listing ID 30030716
Sold Date 09/20/24
Style Split Level
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,834
Tax Year 2023
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Apartment
Property Description
This 6-unit apartment complex (a 2-unit building and a 4-unit building on the same lot) presents a great investment opportunity, meeting the 1% rule as is, with additional value-add potential through renovations. Five out of six units are occupied, generating a gross rent of $3,785. Fill the vacant unit as is to increase cash flow, or start renovations on the vacant unit right away to add value! With solid rental income potential and the possibility to increase returns with updates, this property offers steady cash flow and is well-suited for investors looking for stable growth in the rental market. Agent owned.
Location
State MT
County Cascade
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Garage Spaces 3.0
Garage Yes
Building
Entry Level Multi/Split
Foundation Other, Poured
Architectural Style Split Level
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 02301607133010000
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Dascoulias Realty Group

Designated Broker | License ID: RRE-BRO-LIC-108835
+1(406) 830-5474 | home@courtney-ferguson.com

