1216 8TH AVE S
GREAT FALLS, MT 59405
$1,195,000
N/A Beds
0 Baths
8,000 Sq Ft
Status Active
MLS# 30023833
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 8.36 Cap rate with room to grow, GOI is 128,015 & NOI is 100,505. Awesome curb appeal w/lg well-maintained lot, this mid-century garden style, 3-building structure offers 11-1 bds, 1–2 bd, separate coin-op laundry, 2 addit'l 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 addit'l income. Each unit separately metered for electric/gas. A full list of improvements is avail & incl new elec service/panels, cement work/grading, paint, kitchen cabinets, flooring, lighting, custom tile in baths, vanities, appliances, HVAC. Let’s discuss this rare opportunity & start collecting from your new passive income stream today! Listed by Amber D. Corrow-Scott and Jamie Laabs.
Details for 1216 8TH AVE S
Built in 1952
$149 / Sq Ft
0 parking spaces
Forced Air, Gas
25 Days on website
0.344 acres lot