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1721 9th Avenue

Great Falls, MT 59405

JUST LISTED
$1,550,000
Residential Listing
12,480 SqFt

Summary

12 Units- Two Bed/ 1 Bathroom Units- with Value Add Potential. Well maintained 12 unit multifamily opportunity featuring twelve 2 bedroom, 1 bathroom units with functional layouts and strong tenant appeal. Each unit offers generously sized bedrooms, including a secondary bedroom with a built in sink and vanity area, providing added convenience and flexibility. Kitchens feature elongated layouts with ample counter space and room for small dining tables at the end of the kitchen. Some units have been updated over time with newer carpet, refreshed cabinetry, and added tile backsplashes in kitchen. Appliances have been upgraded as tenants move out. Bathrooms are primarily tub surrounds, with select updated units featuring tiled finishes, upgraded vanities, and added vanity backsplash details with built in space suitable for seating or additional storage. Each unit includes a private outdoor balcony. The building is served by a central boiler system, with tenant controlled heating in each unit and individual window air conditioning units for personalized comfort. Approximately 8 years ago, the roofs were upgraded to architectural shingles designed to better withstand windy conditions. The property offers on site coin operated laundry on both the upper and lower levels, along with additional interior storage space located on the middle level. A large shared parking lot is located at the rear of the building with additional street parking available in front. This asset presents an attractive opportunity for investors seeking stable income with upside through continued unit improvements.

Details

  • Approx Sq Feet
    12,480
  • Type
    Apartment
  • Garage
    0
  • Price / Sq Feet
    $124.20
  • Year Built
    1971
  • Lot Size
    0.34 AC
  • Levels
    Three Or More
  • Heating
    Hot Water
  • Cooling
    Wall Unit(s)
  • Community
    Great Falls
  • Utilities
    See Remarks
  • Days on Market
    3
  • Listing Courtesy of
    Dustin Young and Company
  • MLS #
    30062199

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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