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402 S 2nd Street W

Missoula, MT 59801
  • $1,350,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 22208310
UPDATED: 47 min ago
$1,350,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,497
    SQFT
  • $300
    $/SQFT
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

This large historic 7 plex property is the perfect investment opportunity in Missoula. Great cash flow and upside potential. Home is on the national historic register and is an AJ Gibson home. AJ is known for his famous architectural additions to Missoula and the surrounding area.The Home sits on nearly a quarter acre. It is conveniently located close to anything you may need, like grocery stores, entertainment, outdoor recreation, and even downtown Missoula. There are two separate buildings with 7 units total as well as a large garage/shop and parking. In 402 there are 4 apartments. The main floor is a large 2 bed 2 bath 2 living spaces with a kitchen and dining room. On the upper floor are two, one bedroom units and a studio. One of the large one bedroom units has been beautifullyremodeled. In the 309 building there are three one bedroom units. This property is a corner lot with a large fenced yard, alley access and beautiful large trees. Please do not disturb the tenants, they would all love to stay. They are great tenants and are on month to month leases. By Appointment only. For more information, call Jason Baker at 406-552-4111 or your real estate professional.

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© 2022 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: 2022-07-05T13:20:56.553.
www.peakpropertyadvisors.com/homes/129898161
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402 S 2nd Street W Missoula, MT 59801

  • Price: $1,350,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 47 min ago
  • MLS #: 22208310
0
Beds
0
Baths
0
½ Baths
0.3
Acres
4,497
SQFT
$300
$/SQFT
County:
Missoula
Area:
Missoula
Property Description
This large historic 7 plex property is the perfect investment opportunity in Missoula. Great cash flow and upside potential. Home is on the national historic register and is an AJ Gibson home. AJ is known for his famous architectural additions to Missoula and the surrounding area.The Home sits on nearly a quarter acre. It is conveniently located close to anything you may need, like grocery stores, entertainment, outdoor recreation, and even downtown Missoula. There are two separate buildings with 7 units total as well as a large garage/shop and parking. In 402 there are 4 apartments. The main floor is a large 2 bed 2 bath 2 living spaces with a kitchen and dining room. On the upper floor are two, one bedroom units and a studio. One of the large one bedroom units has been beautifullyremodeled. In the 309 building there are three one bedroom units. This property is a corner lot with a large fenced yard, alley access and beautiful large trees. Please do not disturb the tenants, they would all love to stay. They are great tenants and are on month to month leases. By Appointment only. For more information, call Jason Baker at 406-552-4111 or your real estate professional.
Exterior Features

Construction StoneWood/Frame Exterior Condition FairGood Parking Per Unit More Than One Parking Type GaragePaved AreaStreet Road Frontage Private Road Surface Asphalt Roof Composition Siding StoneWood Style Multi-EntryTwo Story Views MountainsResidentialTrees Waterfront None

Interior Features

Appliance Equipment Included DryerRangeRefrigeratorWasher Basement Partial Foundation SlabUnknown HVAC Electric BaseboardGas Forced Air Interior Condition Good Safety Features Carbon Monoxide DetectorSmoke Alarm Unit Features Appliances/AllCarpetFenced Area

Property Features

1 Bedroom Unit Rent $450-$700$700-$900Over $900 1 Bedroom Units 5 2 Bedroom Unit Rent Over $1000 2 Bedroom Units 1 Bank Owned Or REO No Common Amenities Storage Covenant No Efficiency Unit Rent $500-$750 Efficiency Units 1 Expenses 18533.00 Gross Income 72540.00 Multifamily Type Quadruplex Occupancy Factor Over 95% Occupancy Paid By Owner All Util.-Ex. PhoneLawn ServiceSewerTrash Pickup Possession Closing Short Sale No Sq Ft Source Public Records Tax Year 2021 Taxes 8557.38 Terms Of Sale CashConventional Utilities City SewerCity WaterElectricGasInternet Zoning Rt2.7 Zoning History Non-Conforming

Listing Agent: Jason Baker
Listing Office: Rise Realty Montana, Office Contact Info: (406) 552-4111


© 2022 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: 2022-07-05T13:20:56.553.
 
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Peak Property Advisors
2814 Brooks Street Unit 143
Missoula MT, 59801