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2442 Us Highway 2 multiple units

Kalispell, MT 59901

JUST LISTED
$1,119,615
Residential Listing
5,500 SqFt

Summary

Prime Multi-Unit Investment Opportunity with fully leased units.Presenting a versatile multi-property investment portfolio located in a high-demand area of Kalispell, Montana. This offering includes 2 income-producing duplexes plus two single family residences. One home also offers B-2 commercial-zoning for use as residential income or as a business with highway frontage. Located on 1.08 acres landscaped lot in the growing area of Evergreen Montana. Fully or partially leased, these properties present strong rental income with upside potential with recent renovations and long-term appeal. See supplemental remarks for full details. Do not miss this rare chance to secure a diversified property package in a growing market. Call for details and financials. 6.5% cap. 2442 Hwy 2 E B-2 Zoned with Hwy Frontage2 or 4 / 1.5 Bath | 2,205 SF (1,260 SF Upper Finished, 945 SF Lower Finished non-egress bedrooms)Built 1948 | Effective Year 1995Original hardwood floors, gas forced air, 2023 roof, stucco exteriorDetached 384 SF garage, kitchen with cooktop, dishwasher, and fridgeRental beginning mid-July at $2300/mo18 Terry Road Red Duplex2 Units | Each 2 Bed / 1 Bath | Total 1,728 SFSingle-car garage per unit, electric baseboard heat, full kitchensRemodeled 2022Current rents: $1,200 (upper), $1,450 (lower)443 Judith Road Grey-Blue Duplex2 Units | Each 2 Bed / 1 Bath | Total 1,632 SFGas forced air, W/D hookups, shared yard and deck, garages includedRemodeled 2022 | New windows (20232024), updated plumbingCurrent rents: $1,450 (upper), $1,200 (lower)14 Terry Road Blue House4 Bed (2 have no egress) / 1 Bath | 880 SFDetached 1-car garage, landscaped yard, some updatesCurrently rented at $1,500/monthHighlights: Income-generating properties with upside Multiple recent updates: roofs, windows, interiors Separately metered utilities, low-maintenance setups B-2 zoning on Hwy 2 allows for commercial use/flexibility Ideal for 1031 exchange or portfolio expansion

Details

  • Approx Sq Feet
    5,500
  • Neighborhood
    Teigens AC
  • Garage
    7
  • Price / Sq Feet
    $203.57
  • Year Built
    1980
  • Lot Size
    1.08 AC
  • Levels
    Two
  • Heating
    Baseboard, Electric, Forced Air, Gas, Wall Furnace
  • Cooling
    Central Air,Wall Unit(s)
  • View
    City, Residential
  • Community
    Kalispell
  • Utilities
    Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Separate Meters, See Remarks
  • Days on Market
    1
  • Listing Courtesy of
    Flathead Valley Brokers
  • MLS #
    30053319

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

 

All property data and market statistics are pulled from Big Sky Country MLS.

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