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71 Hawthorn Avenue

Kalispell, MT 59901

JUST LISTED
$789,000
Residential Listing
3,960 SqFt

Summary

Attention investors! Offering a cash-flowing and desirable 4-plex in the heart of Kalispell. Centrally located, four 2-bed 1-bath units, fully rented with long-term renters, all on month-to-month leases. Each unit has their own laundry in unit. Washers and dryers belong to tenants. Several improvements have been made to building and to the units including new windows, new decks and vinyl plank flooring in 3 of the 4 units. At asking price, this investment currently yields just under a 6% cap rate and with a slight rent increase to current market value would be just under 7%. Please see docs for 2024, 2025 and projected income and expense estimates. There will be no showings of the interiors of the units until offer has been accepted. Buyer may preview units during inspection period. Based on recent market activity, we expect this one won't last long!

Details

  • Approx Sq Feet
    3,960
  • Type
    Quadruplex
  • Garage
    0
  • Price / Sq Feet
    $199.24
  • Year Built
    1977
  • Lot Size
    0.27 AC
  • Levels
    Multi/Split
  • Heating
    Baseboard, Electric
  • Community
    Kalispell
  • Days on Market
    1
  • Listing Courtesy of
    PureWest Real Estate - Kalispell
  • MLS #
    30060007

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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