Great Falls, MT 59401,2301 2nd AVE N

$170,000

Est. payment /mo

$185,000

8.1%
Est.Price: ?

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2301 2nd AVE N Great Falls, MT 59401

5,854 SqFt

SOLD DATE : 09/20/2024

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

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Listed by REAL Broker
Bought with Dascoulias Realty Group
Courtney Ferguson
Courtney Ferguson

Designated Broker | License ID: RRE-BRO-LIC-108835

+1(406) 830-5474 | home@courtney-ferguson.com

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