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1218 8th Avenue S

Great Falls, MT 59405
  • $1,195,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 30035348
UPDATED: 60 min ago
$1,195,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1952
County:
Area:

School Ratings & Info

Description

Exceptional 12-unit Investment Opportunity! Recently renovated w/amazing cash flow & super low vacancy. Turn-key property priced under 100K per unit! Achieving an impressive 8.22 Cap rate with room to grow, GOI is 128,261 & NOI is 100,751. Awesome curb appeal w/lg well-maintained lot, this mid-century garden style, 3-building structure offers 11-1 bds, 12 bd, separate coin-op laundry, 2 additional storage rms-future apt expansion & 5 off-street parking spots. 9 units are fully rehabbed w/ 3 needing further renovations & under market rent providing buyers with a great value-add & projected increase of additional income. Each unit separately metered for electric/gas. A full list of improvements is available & new electrical service/panels, cement work/grading, paint, kitchen cabinets, flooring, lighting, custom tile in baths, vanities, appliances, HVAC. Contact Dustin Young 406-868-0736 or your real estate professional! This building is locally managed by the owners and is very well maintained and managed.

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© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-11-05T07:18:57.243.
www.acrealtymontana.com/homes/156903962
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1218 8th Avenue S Great Falls, MT 59405

  • Price: $1,195,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 60 min ago
  • MLS #: 30035348
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1952
Built
County:
Cascade
Area:
Great Falls
Property Description
Exceptional 12-unit Investment Opportunity! Recently renovated w/amazing cash flow & super low vacancy. Turn-key property priced under 100K per unit! Achieving an impressive 8.22 Cap rate with room to grow, GOI is 128,261 & NOI is 100,751. Awesome curb appeal w/lg well-maintained lot, this mid-century garden style, 3-building structure offers 11-1 bds, 12 bd, separate coin-op laundry, 2 additional storage rms-future apt expansion & 5 off-street parking spots. 9 units are fully rehabbed w/ 3 needing further renovations & under market rent providing buyers with a great value-add & projected increase of additional income. Each unit separately metered for electric/gas. A full list of improvements is available & new electrical service/panels, cement work/grading, paint, kitchen cabinets, flooring, lighting, custom tile in baths, vanities, appliances, HVAC. Contact Dustin Young 406-868-0736 or your real estate professional! This building is locally managed by the owners and is very well maintained and managed.
Exterior Features

Architectural Style Other Carport YN No Construction Materials Brick Foundation Details Slab Garage YN No Roof Rubber Rolled / Hot Mop Waterfront YN No

Interior Features

Appliances Range Refrigerator Basement None Basement YN No Fireplace YN No Heating Forced Air Gas Heating YN Yes

Property Features

New Construction YN No Property Sub Type Apartment Property Sub Type Additional Apartment Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 7053.08 Tax Legal Description GREAT FALLS FIRST ADDITION S12 T20 N R03 E BLOCK 492 Lot 005 LTS 5-6 Tax Year 2023 Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Water Source Public

Listing Agent: Dustin J Young
Listing Office: Dustin Young and Company, Office Contact Info: 406-216-3130


© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-11-05T07:18:57.243.
 
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A&C Realty Group
Whitefish MT, 59937