520 N Black Avenue, Bozeman, MT

About 520 N Black Avenue

Live in one unit and let your tenant help pay your mortgage! Single family, home with apartment or duplex located in coveted downtown Bozeman! This versatile R-3 zoned property offers a fantastic opportunity for multi-functional living or investment. Here are some highlights: * **Flexible Living Space**: It can be used as a single-family home with 3 bedrooms and 2 baths, or easily converted into two separate units. The upstairs unit features 2 beds and 1 bath, while the downstairs unit has 1 bed and 1 bath. * **Development Potential**: The R-3 zoning and ample lot size present the possibility of adding an additional unit, subject to City planning approval. * **Detached Shop/Garage**: The property includes a 837 sq ft detached shop/garage with alley access. This space has previously rented for $1,000 to $1,200 per month, offering a great income opportunity. It also features separately metered utilities, 220V, and a new gas heater installed in 2021. 12 foot ceiling, loft storage 98SF office space, and an 8x10 garage door. * **Outdoor Amenities**: Enjoy a spacious deck off the back door and a large lawn area, providing plenty of potential to create your ideal outdoor space. Just 3 homes down from Bealle Park which boasts a playground ! This property truly offers significant potential to realize your dreams, whether as a primary residence, a rental income generator, or a development project.

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