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$ 970,000
Est. payment | /mo
2,357 SqFt
$ 970,000
Est. payment | /mo
2,357 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,357 sqft
Price per Sqft $411
MLS Listing ID 22206166
HOA Y/N No
Year Built 1940
Annual Tax Amount $8,044
Tax Year 2021
Lot Size 0.880 Acres
Acres 0.88
Property Description
ATTENTION INVESTORS! 0.88 acres of land with 8 separate lots located close to downtown Missoula and The University of Montana campus. In addition to the land, this sale includes two single-family homes and an adjacent mobile home park. Both homes are solidly built and are each 2 bed/1 bath rentals. One of the homes even offers a lower level mother-in-law space with a separate bathroom and entrance. The adjacent mobile home park offers 9 leased lots with the majority of the lots currently leased. The current owner generates a decent return but there is certainly room to maximize income. All of this land, rental income, and development potential is within 7 minutes of downtown and UM.
Location
State MT
County Missoula
Zoning Live/Make
Rooms
Basement Finished, Partial
Interior
Heating Baseboard, Electric, Forced Air, Gas
Flooring Carpet
Fireplace No
Exterior
Utilities Available Separate Meters
Water Access Desc Well
Present Use Hotel/Motel
Building
Foundation Other, Poured
Sewer Private Sewer, Septic Tank
Water Well
Others
Tax ID 04220024109060000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Listed by Berkshire Hathaway HomeServices - Missoula